Can I Buy Term Life Insurance For Someone Else? 
I have seen another situation where someone wanted to know that another person had sufficient life insurance to meet final expenses . In that case the payer didnt have any financial interest , nor was the payer the beneficiary or owner . When the policy was issued it showed the insured as the premium payer since each payment to the policy was a gift from this third party . So , yes , it can be done and in some tight cultural communities it might make good sense . 