This is a difficult question to give guidance on without knowing more.  If the minor is your child I would suggest that there be some document in place appointing a guardian and possibly a trust that is funded by the insurance policy proceeds in order to protect the child.  If the minor is not your child then their parents will have to go through the trouble of having the proceeds placed in an in trust for account after you pass.  I trouble really suggest that you consult an attorney or estate planner. Good luck.