Life Insurance

[mrs_overall]

This is a question that came to me in the wee hours when the howling gale kept me awake.
In various tv programmes/films (usually American) about murder, it is often discovered that the murderer took out a huge life insurance policy on the victim before bumping them off.
My question is this. Would it be possible in this country (UK) to take out a life insurance policy on someone and have yourself named as the beneficiary, without the person in question being aware of it?
BTW I am NOT planning a sudden and imminent for Mr O lol

[mrs_overall]

"sudden and imminent end for Mr O"

[Svejk]

Really, mrsO?
You'll have to think of a way to get his signature on the forms without him knowing, I'm afraid. x

[mrs_overall]

Morning sweaty. xx
That wouldn't be a problem as I forge his signature all the time. He is clueless with his finances so I write out and sign all his cheques.
One time he had to write out a cheque himself when I was out. The cheque bounced with the message "signature differs"
Anyway, this is a hypothetical question and does NOT involve Mr O!

[mrs_overall]

So assuming the person's signature can be forged and their post intercepted, how would the person taking out the policy become a beneficiary without a will being involved?

[Zacs-Master]

You're watching too many 1970s re-runs Mrs O. It was an era when the viewing public were still able to be hoodwinked by the haunted fish tank programme makers.

[Zacs-Master]

There are probably still some mid western states where this is possible.

[Svejk]

ha-ha, good one, his bouncing cheque.
my answers the same. If you could take out life insurance on other people(secretly) there'd be carnage out there.(and I'd be very wealthy)

[mrs_overall]

Ah, OK Zacs, thanks for that.

(Any update on your friend's missing jewellery?)

[mrs_overall]

Thanks guys xx

It is amazing what nonsense goes through my head when I can't sleep

[Svejk]

I believe life insurance has a named beneficiary so you wouldn't have to worry about the will.

[mrs_overall]

I didn't know that, sweaty. Thanks

[Zacs-Master]

Unfortunately not Mrs O. How nice of you to remember.

[bhg481]

There's a real chance a medical would be involved - could you impersonate him for that?

[Zacs-Master]

Haaaaa ^^^^

[mrs_overall]

bhg, this is hypothetical, idle nonsense question.

[mrs_overall]

Shut it Zacs! lol

Right, I am away for a shower and a shave and shall decide which three piece trouser suit I shall wear today ;-)
Byeeeeeeeeeee xx

[ummmm]

Haha...the bouncing cheque happened to me.

[Peter Pedant]

I thought in UK you could but now you cant

[ you can certainly put in a condition of a contract that the contract shall only take effect on the date of death of someone but that is hardly insurance ]

You can only do so in principle if you have an insurable loss in the death ( which most of us dont )
see here
http://www.easyretirementknowhow.com/articlecategories/life%20insurance/sya111003lifeins-CanIbuyforsomeoneelse.htm

otherwise you have to get the spouse to insure himself and then assign it to you

oh and the stories about Marilyn Monroe's clavicle being insured for $2m when she broke it, are tosh apparently ( and betty grable's legs ). Studio hype. YOu can't insure body parts like that - see above

[gness]

Don't forget my signature contains my middle initial....though why I'm helping you out lord knows..... :-(

[anneasquith]

shoulda had a pre-nup in the first place, :)