Can Grandparents apply for life insurance against their grandchildren without consent of parents?

In general, grandparents are not allowed to apply for life insurance on their grandchildren without the consent of the child's parents or legal guardian. Life insurance policies typically require the policyholder to have an insurable interest in the life of the insured person, which means that they would suffer a financial loss if the insured person were to pass away. In most cases, grandparents do not have an insurable interest in the life of their grandchildren unless they are serving as legal guardians or providing financial support for the child. Even in these cases, it is typically necessary to obtain the consent of the child's parents or legal guardian before applying for a life insurance policy. It is important to note that laws and regulations related to life insurance may vary by state and by insurance company. It is best to check with the specific insurance company or a licensed insurance professional to determine the requirements for obtaining life insurance on a grandchild.