How Many Life Insurance Policies Can A Person Have? 
There is no limit on the number of policies that one may have on one 's life . However , there is a limit on the total amount of coverage -LRB- death benefit -RRB- on one 's life . Depending on insurer , for insureds under 40 it can be up to 25 times one 's earned income . The multiple is less at older ages . 