Quora Answer: Is There a Way to Tell if Someone Has a Life Insurance Policy on You?

The following is my answer to a Quora question: “Is there a way to tell if someone has a life insurance policy on you?”

For someone to have insurance on you, there has to be insurable interest.  You must be in business together, an employee, a spouse, a child, or a parent of the policy owner.  You cannot take out a policy on a complete stranger.

Secondly, if you, the life insured, is above the age of majority when the policy was applied for, you have to sign the policy documents.  If you were a child, that means the policy was taken out by your parent or legal guardian, and upon the age of majority, you should be informed.