Can Someone Get Life Insurance On Someone Else? 
Buying life insurance on unsuspecting third parties was an old form of gambling . It was particularly popular around waterfronts where the prospects of a sailor perishing on a voyage for high . Today the key is , insurable interest . This compounded by a requirement that the person being insured cooperates by signing the application , providing a release of medical information and then reciting their medical history . A legal relationship is n't required . 