Can I get life insurance for my spouse, parents, or children?

Yes, with some caveats. You can purchase life insurance for your children without them being directly involved in the process. When it comes to getting life insurance for another adult, typically your spouse or parents, best practice is to get that adult on the phone to authorize the coverage. While this might not be possible in every situation, you should be prepared to have them speak with a Principled Life insurance broker.