Can I take out life or funeral insurance for my mother?

Yes, you may be able to take put funeral insurance for your mother.

In order to buy life insurance coverage on another person there must exist Insurable Interest between you and the person you want to insure for life insurance.

Insurable Interest basically means you rely on the other person for financial support, or the death of the person would result in some financial obligation for you.

There does exist insurable interest between spouses, parents and their children, relatives, siblings, and business partners, etc.

You can take out life insurance for your mother to cover her funeral expenses but you will need your mother's permission and you may need her signature on the application.

Also, your mother may be required to answer some health questions and possibly take a physical exam.

Here's how you can learn about funeral insurance, how it works, and request a free quote today.