We discussed life insurance upthread here and I’m sure other places in this years-long meandering discussion but certainly fine to bring it up again and see where it goes–you know, like the never-ending Roth discussions. 
We dispensed with life insurance when our son turned 18. No one should profit from my death. We went over this with our financial advisor before terminating. As a planning instrument, we no longer needed the insurance, and neither DH nor I saw any reason to profit from the death of the other or enrich our child beyond what he is already set to inherit. Besides, all the money that would have gone to paying insurance premiums went into other investments in our portfolio that have performed as well or better than the insurance product, so kiddo will still get that payout, just in another form. Like all financial decisions, everyone needs to assess their own situation.