How can you cancel a life insurance policy on you if there is no more insurable interest but you are not the owner of the policy?

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1229308

2026-08-08 14:55

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Under insurance law, the contract owner has all the "rights." So, I know of no way to cancel the contract w/o the owner's consent. However, you may wish to contact your state insurance department and/or the insurance company just to be sure. Alternately, you might offer to purchase the contract from the current owner, as is often done with business insurance "buy-sell" arrangements. Best of luck . rjBeeg rbeeg@optonline.net

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