Can You Have More Than One Life Insurance Policies? 
The simple answer is yes , you can have two or even more life insurance policies in force at the same time . The main restriction on the amount of life insurance you can have is how much you are worth . When you apply for any insurance policy , they will ask what other plans you have in force . If you are asking for too much insurance combined between all of your plans -LRB- this amount varies based on the company but is often 20-25 times your annual income -RRB- , they may deny your request . 