So to recap, you can not take out a life insurance policy on someone without their knowledge, and no one should be able to do it to you. In order to have a valid policy, the owner must:

How to get a life insurance policy on someone?

In order to purchase a life insurance policy, you must prove that there is what is known as an insurable interest. An insurable interest means that the purchaser of the policy would be financially harmed by the death of the person who is insured. There are a number of connections that create an insurable interest.

Can a person purchase life insurance without your consent?

Yes,it is also possible for someone to purchase life insurance on you without your knowledge or consent. It is also possible for someone to take your life. Homicide, however, ranks even higher on the list of things Thou Shalt Not Do than identity theft. Here are more questions:

Can a spouse take out a life insurance policy?

If you have insurable interest, you can take out a life insurance policy on your spouse. In other words, if a person’s death would cause you a significant financial harship, it’s an insurable interest.

How can you tell if somebody took out a life insurance policy on You?

With that being said, if you still believe there is a chance that somebody has a life insurance policy on you, you can run a search with the Medical Information Bureau (MIB) for $75. If you don’t remember if a life insurance policy was taken out in your name, there are some other ways that you may be able to find out! Here are some good ones:

How to find out if you have a secret life insurance policy?

You can call your state insurance department to register a complaint if you suspect fraud. Also, check the Medical Information Bureau’s (MIB) website to find out if there’s a secret life insurance policy in your name. MIB houses files on consumers who have applied individually for life or health insurance in the last seven years.

Where can I Find my Lost life insurance policy?

Below are web sites that may be able to help you find lost insurance policies: Find Your Policy Lost Life Insurance Finders MIB