Can I Buy Life - Insurance On Someone Else

: You must prove that you would suffer a legitimate financial loss if the person were to die. This prevents "wagering" on a stranger's life for profit.

Failure to obtain consent is considered insurance fraud and will invalidate the policy. Who You Can Typically Insure Can You Take Out a Life Insurance Policy on Anyone? - Ethos can i buy life insurance on someone else

: You cannot secretly insure someone. The person being insured must sign the application. : You must prove that you would suffer

They must give permission for the insurer to access their medical history and often must undergo a medical exam. can i buy life insurance on someone else