Can the Same Person Have More Than One Life Insurance Policy?

Yes you can have as many different kinds of life insurance policies, from as many different life insurance companies as you want. Many people receive life insurance as a benefit of employment and chose to supplement that with one or more individual life insurance policies. You can also have different policies with different beneficiaries. Upon your death, assuming all policies have remained in effect, all death benefits will be paid concurrently, no policy cancels or supersedes another.

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