Can You Buy Life Insurance On Someone Else Official

: As the policy owner, you are responsible for keeping the policy active.

: Because you share debts, income, and household responsibilities. can you buy life insurance on someone else

: The insured person provides health history and may take a medical exam . : As the policy owner, you are responsible

AI responses may include mistakes. For financial advice, consult a professional. Learn more Can You Take Out a Life Insurance Policy on Anyone? - Aflac : As the policy owner

: Discuss the policy with the person you wish to insure.

: 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.