Offer your thoughts or opinion on the input financial query or topic using your financial background.

Why would parents, of a young adult without dependents, not profit from the young adult's Term Life Insurance?
It is not likely the YA would die in 10 years. Hence the investment the parents make in policy premiums would lose all of its money. Repeat: lose all money.  On average, you'll slightly lose with insurance. It's there for peace of mind and to mitigate a catastrophe. It's not an investment. Of course, if the YA is likely to die suddenly, that might change things. But concealing medical information would be grounds for denying the policy claim.