Can I Take Out Life Insurance On My Grandparents? 
You can take out life insurance on your grandparents on your grandparents under certain conditions . You will need their permission and you will need insurable interest . Insurance companies require that there be insurable interest before they will issue a policy . Essentially what it means is that you need to demonstrate that you would suffer financially form their death . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 