Can I Take Out Life Insurance On My Brother? 
If you and your brother are buying a business together , or live together , or have some other financial connection where his death would cause you financial harm , then you can take out life insurance on your brother . You could also take out a small final expense policy on him if he would rely on you to take care of his affairs if he would die . If you are unsure whether there is sufficient financial consideration for you to buy a life insurance policy on your brother , you can call an insurance website or agency to find out . You do n't need to go through the whole application process , first . These things can be determined ahead of time . 