Allow children under 18 years of age take a life insurance policy?In the UK, the general rules of financial contracts or credit is not allowed for children under the age of 18 years. This rule also applies for life insurance programs. Perhaps this rule also applies to other countries.
However, generally, there are also offers life insurance that covers adults and their children. This policy is taken separately. To improve the financial security to their children, many parents take out insurance when their children were babies.
So, if the age of the child is still under age, they should not apply for life insurance on their own and must be accompanied by their parents.