Can I Buy A Life Insurance Policy On Anyone? 
That is a great question ! And the answer is no , you may not . The reason is based way back when life insurance policies first became popular . People would take out policies on other people and gamble on when that person would pass away . Often , these people had no idea that policies were taken out on them , or that their lives were about to be shortened . So policies were put in place to eliminate that practice . To insure someone now , you have to be able to show that you would suffer a loss , if the insured were to pass away . You ca n't demonstrate that loss on a stranger . Thanks for asking ! 