Does the person need to know your getting life insurance on them?

Well, yes, because if they're an adult, they need to sign consent, and release medical records.

And they'd probably notice anyway, because someone's going to come to their house, demanding blood, urine, and saliva samples for the insurance company to test.

You can't do it without their knowledge, AND THEIR PERMISSION, unless they are your child.

Many life insurance policies require a physical exam plus access to his doctor's files, which probably would indicate his diabetes and any other ailments. A nurse typically comes to the house and examines him. So, in answer to your question, it usually can't be done without his knowledge. There is life insurance that you can buy that requires none of the above, but it costs a lot compared with what you get. Be careful with those life insurance companies. If you misrepresent his health, they'll get out of paying. They may have time limits. If an insured dies before a set number of years, they won't have to pay.

The diabetes may cause either a rejection outright or a rating, which means you would have to pay much more for the same insurance than someone without diabetes would pay.

Yes, the person must know that you are getting a policy on them (unless the person is a minor). The person must participate in the application process in answering the health questions and going the medical testing (if applicable).

Personally in my opinion it seems rude to get it and not tell them...it's like you would be hiding something, you know?

If you will be suffering some kind of financial loss if your boyfriend passes away and he cares about you, he should be happy to participate in helping make sure you that happy and secure if something happens to him.

PS: Becuase he has diabetes, it may be difficult to find a company that will insurance him. Becuase of this it's important that you go through a licensed insurance broker. They will be able to shop around to find a company that will approve you, rather than applying at several different companies and getting declined by most. The important information you'll need to mention to the broker is what type of Diabetes (Type 1 or 2), whether he's insulin dependent and how much he takes if any. If you'd like a recommendation on a good broker in your area, send me a message and I'd be happy to help.

The only reason for not wanting the policyholder to know is that you expect to benefit pretty soon from the payout. It is rude to do this behind their back even if it can be done. Is the person incapacitated and elderly and are you telling the insurance company that the person is incompetent. Unless you have POA over the person, I dont think you could buy a policy.

In the UK we can get Life Insurance whether we've got serious disabilities or not so serious. Both of us are disabled but Bj has got hers through what's known as Special Measures. Her premium is a lot higher than mine even tho I am disabled too. We don't know why she's under Special Measures and we ought to check it out really but to find out we need to pay a large fee to our GP to find out and there's no guarantee they will tell us. She has Rheumatoid and Osteo arthritis, Muscle Wastage, has been tested in the past for MS but the tests came back negative, she had her spleen and more than half her liver removed after a car accident back in the 70's but she hasn't, to our knowledge, got a life threatening disease or anything.

I don't think so but why not ask the insurance company. My mother and father took out life insurance on my younger sister when she moved to New Orleans. They thought New Orleans was the end of the world and very dangerous. They thought they were going to make money off her death. She has survived over 30 years, and I think they cancelled the policy.

no it doesn't seem rude. bt in order to get a policy you must have them sign a consent form.adn if you don't it can't be completed! beside if your planning getting married is the only way you can befit from it /or you just looking out for his kids futures?

I think it is kind of nice to let them know. But truth be told, it sounds a little shaky to me. WHY would you NOT want them to know? WHO is the BENEFICIARY? If YOU are the beneficiary, then there is reason for concern. You'd have to EXPLAIN a little more to me to get a different or better answer.

Be more specific. You can get life insurance on your minor children, for example, without their knowledge. But you cannot buy life insurance on other adults without their cooperation and knowledge.