Can a child start a life insurance policy on his parent?
Answers:
You can buy a life insurance policy on your parents since you have an "insurable interest" in them. However, since they are adults, you will have to have them give you written permission to do that.
No. Unless the child is over 21, then, maybe.
You can start a life insurance policy for youself and put your child as the beneficiary.I don't think they can do it themself though.
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