Is Life Insurance Mandatory In Montana?

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    Peggy Mace
    Most of the U.S.
    No, life insurance is not mandatory in Montana or any of the other 49 states in the United States. Sometimes, e.g., BA loans will require purchase of a life insurance policy to cover the loan. But there is no state or federal law requiring the people purchase life insurance.
    Answered on August 20, 2013
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