Who Can Buy A Life Insurance Policy? 
Almost anyone who wants to buy a life insurance policy can do so . If they are buying it for themselves as the insured person , they must have some sort of income or assets to financially qualify for the amount they are purchasing . If owning a policy on someone else , there must be a close family tie or insurable interest . In the US , those buying life insurance must be citizens , have a Green Card , or -LRB- with some companies -RRB- have a work Visa . 