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While you can purchase a life insurance policy for another person, you buy one on just anyone. To legally obtain a policy on another individual, you must meet two primary legal and industry requirements: insurable interest and informed consent . Core Legal Requirements Can You Take Out a Life Insurance Policy on Anyone? - Aflac

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Can I Buy | A Life Insurance Policy On Anyone

While you can purchase a life insurance policy for another person, you buy one on just anyone. To legally obtain a policy on another individual, you must meet two primary legal and industry requirements: insurable interest and informed consent . Core Legal Requirements Can You Take Out a Life Insurance Policy on Anyone? - Aflac