Back to homeCan a bankrupt purchase insurance policies?Updated by MLAW 3mo agoBankrupts are allowed to purchase insurance policies that has no investment component(s) and no surrender / maturity value.Was this answer helpful?NoYesYour opinion matters! Be the first to vote.Related questionsWill I have to terminate my insurance policy if I become a bankrupt?Can a bankrupt apply for a debit card?Can a bankrupt apply for credit cards or loans?Can a bankrupt use his salary to pay bills?Need more help?Get in touch