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A. Yes, unless there is an exception to the consent requirement. The only exceptions to the consent requirement are where a power of attorney has been executed, there is a legal guardianship or the person is a spouse of the preneed purchaser. A minor child does not need to give consent if the parent of the minor child is purchasing the life insurance on the minor child.
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If a person has an insurable interest in a preneed purchaser, does the preneed purchaser need to give consent on the life insurance application?
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