Can You Put Life Insurance On Anyone? 
No , in order to purchase life insurance on someone 's life you must have an insurable interest . This means that you must be able to demonstrate that there death would cause a financial loss to you . Further , when it comes to an employer 's purchasing life insurance on an employee , additional requirements have been implemented forcing employers not only to prove that they would incur a loss , but that the employee is also aware of the purchase and consents to it . 