Can I Have Multiple Life Insurance Policies? 
Absolutely ! You can have several policies . But you must report the existing policies usually when you place an new application for an additional one . This is to ensure that you are realistic in the total amount of insurance you will have . For example , if you are earning $ 30K per year , you can not buy life insurance which would as a group of policies , total $ 50 million . It would sound like you are planning to make your family rich by committing suicide in a few years . Other than such absurd extremes , you can get several policies . I know several folks who have 8 policies . Thank you . GARY LANE 