Can I transfer my life or health insurance coverage to another person?

No, you cannot transfer your life or health insurance coverage to another person. Insurance policies are designed to provide coverage to the individual who purchased the policy and therefore cannot be transferred to another person. Each policy is specifically underwritten based on the individual's health, age, and other personal factors. If you wish to provide coverage for another individual, they will need to apply and be underwritten separately for their own insurance policy. It is important to review the terms and conditions of your policy to understand the specifics of coverage and any options available for beneficiaries or dependents.