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Thread: Buying multiple policies

  1. #1

    Default Buying multiple policies

    My parents are both over 80 years old, so the amount of coverage I can get is limited. If I buy multiple policies (either from the same issuer or different ones), can I combine the coverage?

  2. #2
    Join Date
    May 2011
    Location
    Plano, TX
    Posts
    3,435

    Default

    It is not impossible but it must be planned very carefully.

    Please call our office so that we can guide.
    Thanks & Regards

    Toll Free: (866) INSU- BUY
    Local: (972) 985-4400
    Fax: (972) 767-4470
    Website: https://www.insubuy.com

  3. #3

    Default

    So it is possible?
    Last edited by insubuy; 10-10-2018 at 04:10 PM.

  4. #4
    Join Date
    May 2011
    Location
    Plano, TX
    Posts
    3,435

    Default

    Yes
    Thanks & Regards

    Toll Free: (866) INSU- BUY
    Local: (972) 985-4400
    Fax: (972) 767-4470
    Website: https://www.insubuy.com

  5. #5
    Join Date
    Feb 2018
    Location
    New York
    Posts
    2

    Default

    It is perfectly legal to buy and hold more than one policy. Your beneficiary can rightfully claim from all the policies you hold in the unfortunate event of your death. Multiple policies offer an extra level of protection that a single plan might not necessarily provide you.

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