My father cosigned two private student loans for my son. I am paying those payments($350/month) as my son does not have income sufficient to do so and to keep the loan companies from going after my 83 year old father’s assets. Can I take out a term or accidental death policy on my son without his knowledge to pay off those loans if something were to happen to him? Thank you.
Can I Take Out A Life Insurance Policy On My Son Without His Knowledge?
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