Someone borrow a nice sum of money from Sharon a very good friend of mine and she wanted to know “Can you buy life insurance for a friend who has borrowed money from you?”

Bayonne, New Jersey is a city south of Jersey City. According to tradition, the city is named after the city of Bayonne in France. Bayonne is connected to Staten Island, New York by the Bayonne Bridge. Bayonne currently plays host to many animal species including mammals, birds, repitles, fish, insects and crustaceans. Bayonne is mentioned in the movies: The Golden Girls, How to Lose a guy in Ten Days, The Bone Collector, Men of Honor, Remember the Titans, the Odd Couple, Barney Miller, All in the Family, The Odd Couple, Men in Black, Honeymooners (I probably missed a few more).

Yes Sharon, one of the criteria for insuring someone, is that an “insurable intererst” exists. Since you and your friend have a financial relationship, it would appear that you could insure her, as long as she consents to the insurance.