Depending on when the second spouse passes away, your beneficiaries could potentially wait years or decades to receive the money that was left to them. You might get a divorce. A joint life insurance policy can get messy during a divorce. To protect yourself if your marriage falls apart, ask your insurer about adding a rider that splits the joint policy into two individual policies in the event of a divorce. Can you take out a life insurance policy on your spouse? There are a few conditions to take out life insurance on someone else. First, you'll need to prove you have an "insurable interest" — in other words, that you'd suffer financially if your spouse died. And secondly, your spouse has to be involved. They'll have to give consent and sign off on the coverage, and go through the entire underwriting process. If you apply for a policy on your spouse's behalf without their knowledge, that's a type of life insurance fraud. My spouse is a stay-at-home parent. Do they need life insurance?
Other White House officials, including Vice President Pence and White House chief of staff Mark Meadows Mark Meadows Boehner finally calls it as he sees it Stephen Miller launching group to challenge Democrats' policies through lawsuits A year with the coronavirus: How we got here MORE, have since tested negative. The White House has acknowledged the possibility of further cases and says it's implementing plans to ensure the executive branch continues to function. "I fully expect that, as this virus continues to go on, other people in the White House will certainly have a positive test result, and we've got the mitigation plan in place to make sure the government not only continues to move forward but the work of the American people continues to move forward, " Meadows told reporters Friday. The primary mechanism for ensuring continuity of government if a sitting president is rendered unable to perform their duties while in office is contained in the 25th Amendment to the Constitution.