Your parents must sign the application and health care releases themselves.
Yes, you can legally buy long-term care insurance (LTCI) for your parents . In this arrangement, your parents are the individuals, and you act as the payor , responsible for the premiums.
They must be healthy enough to pass the insurance company's underwriting. Denial rates rise significantly with age; nearly 50% of applicants aged 70–74 are rejected. Policy Types to Consider Buying Long-Term Care Insurance for Your Parents, Explained
Buying a policy can provide significant peace of mind, ensuring your parents have access to quality care while protecting your inheritance and preventing financial strain on your own family. Key Requirements for Buying a Policy
You must prove that their potential need for care would cause you financial hardship (e.g., you’d have to pay out of pocket or lose an inheritance).