How Many Life Insurance Policies Can I Have? 
Video Transcript : Today 's question is , `` How many life insurance policies can I have ? '' Well , actually you can have as many as you want as long as the death benefit does n't exceed the justification issue , which is the companies will say , `` We think that your exposure on your life is worth , '' let 's say a million dollars . So if you have four or five policies and they total up to a million and as long as it did not exceed what they call financial justification you can multiple policies and many people do . But remember , the total amount of insurance on all these policies are going to be shown on the application . And so when you take the total , as long as it does n't exceed what they believe is your economic justification , it does n't exceed it , you 'll be able to get as much insurance as you want up to that limit . 