How many life insurance policies can you have?

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asked Feb 14, 2019 in Insurance by jimi90 (350 points)
How many life insurance policies can you have?

1 Answer

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answered Feb 14, 2019 by Adf289 (58,200 points)
You can take out as many life insurance policies on yourself as you want to and each policy can have up to 1 million dollars maximum on the policy.

Usually though one life insurance policy is enough and there's no need to have multiple life insurance policies which are basically just a waste of money.

But if you want to pay out more money monthly to any insurance company for life insurance companies then you can do so as you wish.

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