Spouses have an Insurable Interest in each other.
In order to buy life insurance on someone else, you must have an insurable interest in the person you want to insure for life insurance.
Many wives buy life insurance on their husbands to make sure their husband's income is replaced should their spouse pass away.
By purchasing life insurance on your husband, you can guarantee your family has financial security should your husband die.
Term life insurance is the most affordable type of life insurance available, offering coverage lasting for a duration (term) of 10, 15, 20, 25 or 30 years.
Here's how to get term life insurance on your husband.