It seems that everyone who pays close enough attention to their finances audits their auto/homeowner’s insurance as well as compare credit cards to make sure they are getting the *best* deal out there, but no one talks about auditing their life insurance. What Does Auditing One’s Life Insurance Look Like? Just like everyone should know
It just seems almost self evident that if you are applying for life insurance there is probably a reason for it (i.e. a close family member, a business partner, etc.), however, it may not be simple. Whether it be based on common law or statutory law every State has a different definition for insurable interest.