The primary purpose for life insurance is to provide a spouse, children or other beneficiary with resources in the event of the premature death of the other spouse. (iii.org)
But, on the bright side, if other beneficiaries start to die, it could serve as an early warning sign. (policygenius.com)
If you play your cards right, you may even be able to leave a substantial nest egg behind for family or other beneficiaries after your death. (investopedia.com)