Who Can Take A Life Insurance Policy On You? 
A person that would be able to take out a life insurance policy on you would have to have a vested interest in your death . Examples would be an immediatefamily member , a caretaker , a business partner or a key man to a company would have a true loss if you were to die . No one however can take a policy out on you without your knowledge and consent . You must be underwritten regardless who pays the premiums . No one without a vested interest would be able to take out a life policy regardless . 