It's funny that they call it life insurance. It's actually death and damage insturance. But of course calling it life insurance makes it a more appealing product.
When I was a kid every year we'd get a package handed out at Cardinal Leger, the Saskatoon Catholic school I attended, offering life insurance for kids. We kids always shook our heads at the fact that the company gave out more money if you were maimed that if you died. Of course we didn't realise that a badly injured child would cost money to help recover, while a dead child wouldn't. If I remember correctly it was 10 grand if you died, 25 grand for major injury.