1. 1492 POINTS
    Jeff Davis
    Insurance Advisor, Lordship Insurance Services, California
    Yes. You may elect to have 2 different types of policies (maybe a term policy for the high death benefit and a whole policy for the cash value). Some people purchase a combination of policies in order to get the type of coverage they are looking for. The insurance application typically wants you to disclose your ownership of a policy if you have one at the time you are applying for your second one.
    Answered on October 6, 2013
  2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>