Yes. An adult child may purchase life insurance on his or her Father.
Adult children have an Insurable Interest in their parents, which is required in order to buy life insurance on someone else.
In addition, there are no exam life insurance policies available, including Guaranteed Issue life insurance plans for people ages 45 to 85.
That means, even if your Dad has health issues, you can still get life insurance coverage on him.
Learn more about buying life insurance for your Dad with no medical exam.