Can You Buy Life Insurance On Someone Else Apr 2026

: Because you share debts, income, and household responsibilities.

: For adult insureds, the person must participate in the process. They typically must sign the application and may need to undergo a medical exam to determine eligibility. Common Eligible Relationships You can typically establish insurable interest for: can you buy life insurance on someone else

: Both you (as the owner) and the insured person must sign the paperwork. : Because you share debts, income, and household