Most couples purchase life insurance with the hope that it provides financial protection during critical years—when mortgages are hefty, children depend on them, or income streams are at risk. But what happens when couples outlive their insurance coverage? Suddenly, the safety net they counted on is gone, leaving them to face retirement and end-of-life expenses without that cushion. It’s a scenario many households don’t prepare for, and the consequences can be serious. Understanding the risks and strategies available can make the difference between financial security and financial strain in later years.
