In Florida, who must sign for and on behalf of a minor purchasing life insurance?

The correct answer is that a parent or legal guardian must sign for and on behalf of a minor purchasing life insurance in Florida. This requirement is in place because minors are not legally capable of entering into binding contracts, including insurance agreements. By requiring a parent or legal guardian's signature, the law ensures that there is an adult who can understand the terms and implications of the policy and is responsible for any obligations that may arise.

A trusted adult, while potentially helpful in guiding a minor, does not have the legal authority to enter into contracts on behalf of the minor. An insurance agent serves as a facilitator in the insurance process but is not authorized to sign contracts for clients. Meanwhile, a social worker, although they may be involved in the care of minors, does not have the legal responsibility or authority to sign insurance documents. Thus, only a parent or legal guardian can fulfill this role, ensuring that the best interests of the minor are considered in the transaction.