Is There A Limit On How Much Life Insurance I Can Purchase? 
Sure . Financial institutions always set limits on the money they make available . For example , banks limit how much money they will lend you for a mortgage or business loan . Credit card companies limit the amount of credit they will extend you . Venture-capital firms limit the amount of money they will invest in your company . Life insurance companies generally look at your cash flow , debt , and net worth . Pretty basic stuff . Things get exciting when you have exceptional needs . For example , how much money insurance will they let you buy on a minor child ? Or an elder parent ? Or a former spouse ? Certainly , there are limits in all these situations . But the negotiations about the maximum available becomes interesting . 