Can I Take Out A Life Insurance Policy On My Son Without His Knowledge? 
That is a great question , and a terrible spot to be in . I am going to guess that as these were student loans , that your sons are both well above the age of legal adulthood in your state . If that is the case , then the answer is no , you may not . A term policy to cover the cost of the loan is a good idea , and I 'd suggest that you ask both sons to agree to have policies . If they decide not to , can you look into refinancing the loan and reducing the payments to a point where the son could afford to pay it ? -LRB- Or ease your burden ? -RRB- That may also be an option . If I can help in any way , please do n't hesitate to contact me . Thanks for asking ! 