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Insurance for parents

by Donnie
(Canada)

Is at legal for a son or daughter to buy life insurance for their parents in Canada.

Life Insurance on Parents


Yes it is legal. The parents need to consent to it.

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Other pages of interest:



Term Life Insurance in Canada

Whole Life Insurance Canada

Term or Whole Life Insurance

Canada Life Insurance

Disability Insurance Canada

Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page.



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