Can grandparents get life insurance on grandchildren without parental consent?
Can grandparents get life insurance on grandchildren without parental consent?
Grandparents can take out a policy on their grandchild any time after the child is born, and do not require parental consent. They are the policyholder and are responsible for the premiums, and may name themselves or someone else as the beneficiary of the policy when it matures. Mar 8, 2011
