Yes, you can buy life insurance coverage on another person.
However, you are required to prove you have an "Insurable Interest" in the person you want to insure for life insurance.
Insurable Interest basically means that you either rely on the person for financial support, or that you would suffer some financial loss if the person were to die.
Individuals you can take life insurance policies out on include your spouse or domestic partner, your children, your dependents, and your business partners.
You may need the person's permission to take put a life insurance policy on his or her life, although some states do allow an exception in the case of spouses and minor children.
Here's a helpful article that explains
who you can insure for life insurance.
