Yes, as long as you would be economically deprived "insurable interest" if they were to pass away. For more information see www.SteveShorr,com/life.htm and click on the link for Confidential Life Insurance
NO. Even on the site that's advertising here it points out that the company that will do this only does so if there is a contract between the two parties. And it does not cover blood relatives or spouses. So no, not for your parent. Not for a current spouse.
You can purchase life insurance online for your parent. Anyone can purchase life insurance for their parent, because they have an "Insurable Interest" in their parent. You can compare free life insurance quotes online, or purchase life insurance direct online for a parent. However, your parent may need to sign an application form, and your parent may need to take a physical exam, and/or answer some health questions.
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