My parent wants me to get a life insurance policy out on him. Is this possible?

And if so what information would I need?My father is sending me his medical transcripts and everything. I just didn't know if I can start a life insurance policy on him with his permission.You'd need his consent, his permission, and his cooperation - and insurable interest, of course. There does exist insurable interest between a father and son/daughter.Your father may need to sign the

How Do I Get Life Insurance for My Parents?

As long as your parents agree to it, you can take out a life insurance insurance policy on each of them. Basically they would be listed as the insured person on the life insurance policy, and you would be listed as the owner of the policy. The Insured would have to go through all of the life insurance application and underwriting process (which may include a physical exam, blood and urine tests),