Can I buy a Life Insurance Policy on someone I don't even know?
Seriously.
For instance, If I took out a policy on Bob Barker, I could expect a payout in just about three to five years.
Can I insure someone without their education or permission?
(note: it isn't as if I would do anything to get faster the process)
Answers:
No you can not. First of adjectives, you would have to show insurable interest, description that their death would enjoy some financial impact on you.
Second, they would have to sign the application, HIPPA form, ect. They would also own to complete and medical exam.
There would be no way you could properly take a policy out on someone you don't know.
Not possible
No. There is a good apology for this. Can you guess what it is?
No, if so, everyone would be rich.
No, you can't. You can't buy a policy for someone else, short their signing their consent, AND agreeing to blood tests and release of medical chronicles.
no. The insured human being has to consent to coverage self placed on their life.
Absolutely not! The insured personage has to sign the application.
Of course not!
No way, but what you are discussion about doing is essentially laying a bet on someone's death. You might be capable of get a british bookmaker to offer you odds on that, so long as the personality was not on death's door.
no, not really, unless insurance fraud