In general, minors (individuals under the age of 18) cannot be named as beneficiaries for a life insurance policy due to legal and practical reasons: Minors are considered legally incompetent to manage financial affairs, which means that they cannot receive a life insurance payout directly.  If a minor is named as a beneficiary, the life insurance company may require the appointment of a guardian or trustee to manage the payout until the minor reaches the age of majority. This can be a cumbersome and expensive process, and may not align with the policyholder's intentions for the payout.  As a result, it is recommended