What Is Spousal Life Insurance? 
Spousal life insurance is n't a special type of policy . Life insurance on spouses is a fundamental planning matter . In dual income families , it is important for both earners to consider life insurance to protect the income they each depend on as the lost of one or both would likely result in financial hardship . In the event of a stay at home spouse life insurance should be considered as the loss of that spouse may have a financial impact through new expenses such as day care . 