: Parents can often buy policies for minor children without the child's signature to protect their future insurability.
: The insured person provides health history and may take a medical exam . can you buy life insurance on someone else
: You must prove that you would suffer a legitimate financial loss or hardship if the person died. This prevents people from "gambling" on the lives of strangers. : Parents can often buy policies for minor
AI responses may include mistakes. For financial advice, consult a professional. Learn more Can You Take Out a Life Insurance Policy on Anyone? - Aflac can you buy life insurance on someone else
: If you share a loan, the death of a co-signer might leave you solely responsible for the debt. Process Overview