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Final Expense Insurance

Can I buy final expense insurance for a parent?

Yes, adult children commonly purchase final expense insurance on a parent, as long as they have what's called "insurable interest" — a financial or emotional stake in the person's life — and the parent consents to and participates in the application.

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Key details about final expense insurance

The parent will typically need to answer the health questions themselves (or confirm the answers) and sign the application, since insurers require the insured person's knowledge and consent.

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An agent can walk you through exactly what's needed to apply on a parent's behalf and help find a plan that fits their age and health situation.

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