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	<title>New answer on: Can You Have Two Term Life Insurance Policies?</title>

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		<title>By: Chris Abrams</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-have-two-term-life-insurance-policies</link>

		<dc:creator>Chris Abrams</dc:creator>

		<pubDate>Thu, 09 May 2013 17:09:22 +0000</pubDate>

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		<description><![CDATA[Yes, you can have as many insurance policies as you can qualify for financially.  Many clients will ladder insurance policies to meet their needs and reduce cost.  For example, a client may have a need for $1,000,000 of coverage while their children get through college and then $500,000 for life.  They could purchase a $500,000 - 20 year term, and a $500,000 guaranteed UL policy to last until they are 120 years old.]]></description>

		

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		<title>By: Larry Gilmore</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-have-two-term-life-insurance-policies</link>

		<dc:creator>Larry Gilmore</dc:creator>

		<pubDate>Thu, 02 May 2013 14:55:33 +0000</pubDate>

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		<description><![CDATA[Yes, you can have mulitple policies in force on an individual. The only potential problem would be in the purchase of an additional new policy as insurance carriers ask about existing coverage and factor those policies and the applied for policy towards a total amount of coverage.  The carrier may feel you&#039;ve met your maximum level of coverage based on your situation.]]></description>

		

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		<title>By: Peggy Mace</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-have-two-term-life-insurance-policies</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Wed, 01 May 2013 23:29:05 +0000</pubDate>

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		<description><![CDATA[You can have two or more life insurance policies, but if you apply for a second or third policy, the life insurance company does ask if you have existing insurance. Why do they do this? Because they want to make sure that you are financially qualified for the total amount of coverage that you will own. This is to protect the insurance carrier from unscrupulous persons who would try to gain excessive profit off the death of another, and from terrorists or other criminals who would try to use life insurance for money laundering. 

For the average person who simply wants more than one policy in order to get sufficient life insurance, or who wants to diversify their coverage between different companies, applying for and owning multiple policies is fine. ]]></description>

		

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		<title>By: Ted Ratliff</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-have-two-term-life-insurance-policies</link>

		<dc:creator>Ted Ratliff</dc:creator>

		<pubDate>Wed, 01 May 2013 10:36:38 +0000</pubDate>

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		<description><![CDATA[You can have as many life insurance policies as you want, term or whole life, as long as you can afford the premium.  Many people start out with a policy they can afford and later take out additional insurance as their need for more insurance changes and they can afford more.]]></description>

		

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