Should couple cancel $500K life insurance policy costing $100 monthly?

‘We pay $100 per month’: My husband is in his mid-60s and has a $500,000 life-insurance policy. Is it time to cancel it?

A couple is questioning whether to cancel a $500,000 life insurance policy on the husband, who is in his mid-60s. The policy costs them $100 per month in premiums. The decision involves weighing the ongoing insurance costs against their financial needs and circumstances.