Kris Jenner Takes Out $50 Million Life Insurance Policy

Kris Jenner turned 60 years old last week and RadarOnline.com has learned her family celebrated in the best way they know how — by going after her money!

"It's kind of hilarious because right after her birthday her kids demanded that she get life insurance," a source close to the Kardashian clan told RadarOnline.com exclusively.

"Of course, Kris took it as an insult, but her family is serious."

The source continued, "She has so much money that – God forbid something happens to her – the Kardashians want to make sure that they know who gets what so that there is no fighting over her money."

Although the mother of six and grandmother of four is in good health at the moment, Jenner decided to obtain a lawyer to figure out the situation.

"Kris is using her lawyer to do this life insurance policy and she is trying to figure out how to distribute all of her money when she is gone," the insider told RadarOnline.com.

"Everyone is telling her to distribute her wealth among her grandkids because all of her children have more than enough money for ten lifetimes."

Jenner's net worth is estimated to be a whopping $125 million.

Do you think that Kris Jenner's money should go to her grandchildren? Tell us your thoughts in the comments below.