contact an insurance agency, get the person to agree that it is okay for you to insure them, pay the money and wow...you have insurance There is no separate process to buy a life insurance policy for a family member. As long as he or she has granted consent and is willing to undergo the necessary medical exam one has to follow exactly the same steps as buying a policy for oneself i.e. calculate your premium, receive multiple quotes, choose your policy, complete the application form, complete the medical exam and pay the premiums once the medicals have been cleared.
The family member needs be excluded to keep your insurance in effect.
Yes, it is possible.
Yes. Anyone can get a policy on another family member.
You can certainly apply for an insurance policy; whether the insurance company will choose to accept your application is up to them. A family member in prison is not supporting anyone, so there is no issue of replacing lost income, however, there could still be a legitimate need for an insurance policy to help pay funeral costs. I am not sure how elaborate a funeral you may be planning, but a $5000 funeral policy sounds quite reasonable to me.
If someone just retired, they may be able to use their ex-employers insurance plan. They could use a spouse or family member's plan, purchase their own policy, or join an organization which will allow them to purchase health insurance.
no
Yes, If someone will be driving the car, it is recommended to add inform your insurance company and have them added to the policy.
No. If they are going to drive the family car you can, if the insurance company allows it, but they should really have their own insurance.
Absolutely; a step child is legitimately a member of a family and can be insured, or can be the beneficary of a family insurance policy, just like a biological child.
Yes, it is very common that a member of the family be named as executor.
the policy that covers the car that is being driven.
So long as the owner knows his responsibility as the vehicle owner and makes sure all drivers are listed on the policy then there is no problem.