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The issue arises when people collect and don't realize that if they bought it and named themselves beneficiary, it is income and taxable as such.
However, a POA CAN NOT do anything with the assets of the person they are acting for that benefits them.
If the policy is paid with mom's money and names the POA as beneficiary this is a violation of fiduciary responsibility and is completely illegal. Punishable by prosecution.
Here you can only purchase life insurance on someone you have a relationship with, spouse, children, key person insurance for a business etc.
I cannot sell you life insurance on a stranger, that would be illegal.
"When you're getting life insurance, the person whose life will be insured is required to sign the application and give consent. ... So the answer is no, you can't get life insurance on someone without telling them, they must consent to it." March 2021
Source:
https://www.northwesternmutual.com/life-and-money/can-you-take-out-life-insurance-on-someone-without-them-knowing/#:~:text=When%20you're%20getting%20life,the%20application%20and%20give%20consent.&text=So%20the%20answer%20is%20no,they%20must%20consent%20to%20it.
There is much on the internet on this subject, not specifically about a POA, but about the idea in general, and in general the answer is no. Certainly for a POA, who is forbidden by law from enriching him or herself this would be a serious infraction that could get the personal in legal trouble. Now, if you are talking a burial insurance policy you are talking another subject.
I will just suggest to you basically that these are legal questions that should be put to a lawyer, and that if you have evidence of a POA using his or her powers to abuse an elder's estate, it is time to report this to authorities with your proof. Don't count on a Forum for legal or medical questions. The answers are too important and should come from experts on your own area of the country.