If you're not supporting anyone else, you don't need life insurance, and it doesn't make sense to insure the lives of your children, as they have no income. (moneysense.ca)
If you've insured your life for $ 500,000, this is the face value of your policy — the amount that goes to your beneficiary when you die. (sapling.com)
Second - to - die life insurance is often more affordable than traditional single - insured life insurance with the same dollar amount in benefits. (trustedchoice.com)