Yes. Though some regulations may apply.
Even if you you make insurance policy in the name of your son while in prison, it is a serious contravention of law, if it is proved that on the date of commencement of policy, he was in prison. You are to provide detailed information in the policy questionnaire, whether the proposer is attached/involved in anti law activities which might invite imprisonment.
if the owner of a life insurance policy dies and the policy is on her son. What happens to the ppolicy and is it part of the estate.
Yes he can but you must authorize it. If not, it is fraudulent.
can the grand mom and her son take a life insurance policy out on me and his children without my {legal wife} permission
Yes, parents and children have an insurable interest, so you can have a life insurance policy on your son and daughter-in-law. If they both happen to die prematurely and minor children will become your responsibility, then life insurance is not only justified, but needed.
Answering "If mother in law is beneficiary on single grownup son life insurance policy does the mother have any rights?"
IT DEPENDS WHO IS ON THE POLICY AT THE TIME OF DEATH. IF HIS SON IS ON THERE THEN HIS SON GETS THE MONEY
A son can not generally take life insurance policy on his father's life because of lack of insurable interest in the life of father. Life insurance works on the principle of insurable interest. A father generally has insurable interest in the life of his child due to emotional reasons. That is why life insurance companies design the products for the children which take care of their education and other expenses once they grow up.
If you have an insurable interest, you can take out life insurance on your son. Usually, family members, such as children and parents, have an insurable interest in each other. However, your son would have to know about the life insurance, because he may be required to take a physical exam, and answer some health questions to apply for the life insurance. But, you could be the policy owner, and pay the premiums.
In Canada, if there is no beneficiary of the life insurance policy, the proceeds go into the estate of the owner. This person is often the same as the life insured but doesn't have to be (eg a father buying life insurance on his son. The father is the owner and the son is the life insured). The proceeds form part of the owner's estate and are distributed according to the instructions in the will after all debts have been satisfied.
Unless his son is legally not able to make financial decisions on his own, his son must sign the policy as well.
I think you mean does your son need to be added to your insurance policy if her has a learner's permit. The answer is yes.