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Can you take a life insurance policy out on anyone?
Bankrate explains when you can take a life insurance policy out on someone else.
Cynthia Paez Bowman is former personal finance contributor at Bankrate. She is a finance and business journalist who has been featured in Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com.
She regularly travels to Africa and the Middle East to consult with women’s NGOs about small business development and works with select startups and women-owned businesses to provide growth and visibility.
Bankrate explains when you can take a life insurance policy out on someone else.
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