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In Reply to: Grandparents want to own life policy on child's father posted by Bob on March 24, 2007 at 11:02:39:
Bob:
Try the blue links at the top. They are all fine companies to get a life insurance quote from.
It is common for "other" owners to have a life insurance policy on the insured, as long as their is financial interest (which your grandson has).
But the father must attest to his health and may need a medical exam depending on how much coverage you require.
Agent
: Does anyone know where we may find a life insurance policy that the grandparents can own on the life of the father of their grandson. We would need financial help if daughter's unmarried boyfriend dies and she is left to raise baby alone. Texas if it makes a difference