answersLogoWhite

0

Can you buy life insurance if you are a convicted felon?

Updated: 8/16/2019
User Avatar

Wiki User

15y ago

Best Answer

No a convicted felon still serving time or on probation can not. Depending on crime after probation is over then it's a possibility but it will be a substandard rate so the cost per thousand will be more and it's possible to have an expiration on the substandard rate so it will drop the cost per thousand back to standard rates when it expires. It will have to be a fully underwritten product so a full medical exam will be needed and the insurance co. will provide that. There will also be questionnaires to fill out for example a drug questionnaire and/or an alcohol questionnaire. The insurance co may also advise waiting some years but some inexperienced agent who really wants the commission will write the business which of course will be declined and then the decline will go into your records and not make you look good at all.

== == Why not? Submit an application and see what happens. They might charge extra, but at least you get coverage.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you buy life insurance if you are a convicted felon?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you buy health insurance if you are a convicted felon?

Yes...


Can a parent buy life insurance on a convicted felon?

Being a convicted felon could affect the "insurability" of a person. In other words, it could change the insurance company's evaluation of the "likelihood" that the person will die (other factors, of course, would also be considered, such as health, family history, etc.). Lifestyle can affect insurability.


Can a convicted felon buy a new gun?

NO


Can a convicted felon buy rifle ammunition?

Not legally.


What company can you buy life insurance on a son in jail?

This is not a forum in which to discuss or recommend specific insurers. However, a factor that you must consider is the offense of which your son was convicted. The underwriting guidelines of any particular insurer may, for example, preclude issuing a policy to a convicted felon. This is especially true if the felony involved insurance fraud. Contact a licensed local life insurance agent or broker for specifics.


Can a convicted out of state Florida felon buy a gun?

No. A convicted felon is a convicted felon regardless of WHERE they go or live in the US. Note: Use caution if you're even thinking about it! The federal punishment for felon in possession of a firearm is a minimum of 15 years in federal prison.


Can you buy a shotgun if you are a convicted felon in Louisiana?

A convicted felon may not purchase, possess, or have access to firearms ANYWHERE in the United States as per federal law.


Can you buy a pistal made before 1899 if im a convicted felon?

No.....


Can a convicted felon in the state of California buy and own a decommitioned gun?

YES


How can you find out if you can buy a gun?

Provided you are not a convicted felon, you can buy long guns at 18 and hand guns at 21.


Can a convicted felon buy a shotgun in North Carolina?

You need to consult with a lawyer familiar with firearms law.


Can a convicted felon buy a house?

Getting a mortgage loan will be the problem, not the purchase. If you pay cash, then there is no legal reason that will stop you.