It is possible to take out a life insurance policy on your father.

Since he is your father, you have an insurable interest in him, which is required in order to buy life insurance on someone else.

However, when taking out the coverage you may need his signature on the application, and he may have to answer some health questions. But, some life insurance plans may not require his knowledge.

This article explains how to buy life insurance on your parent. You can even request a life insurance quote...
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