How Many Life Insurance Plans Can You Have? 
You can have as many life insurance plans as you are financially qualified to have . When you apply for a new policy , the insurance company will look at the total amount of life insurance you will have in effect after the purchase of the policy . They will not add in any current life insurance that you are replacing . They will see if you are financially qualified to have the total . It does not matter how many plans you hold , just so your total amount of life insurance is an allowable amount for your income and assets . 