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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Yes, you can buy a life insurance policy for your father.

As long as your father gives his permission/consent, and he can qualify for the life insurance coverage, yes you can. 

He would need to sign the application for life insurance coverage.  You would be listed as the Owner and Premium Payer of the life insurance policy.

You would want to name yourself as the beneficiary of the life insurance policy, which means upon your father's death, you would receive the death benef...

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