Ah, the classic "Can I take out a life insurance policy on anyone?" question! The short answer is no; you can't just go around insuring your neighbour, your favourite celebrity, or that guy who cuts in line at Tim Hortons. To get a policy on someone, you need two key things:
No sneaky sign-ups here. The person you want to insure has to agree to it, and in most cases, they’ll have to sign the application and possibly do a medical exam. No signature, no policy.
This is the fancy insurance term for "you’ve got to stand to lose something financially if they pass away." So, you can insure people like your spouse, business partner, or someone who supports you financially.
Basically, life insurance isn’t about profiting from someone’s demise, it’s about protecting yourself from real financial hardship. So, unless you’ve got a legitimate connection and their permission, stick to cheering for your favourite celebrity from the sidelines, not insuring them!