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[quote=Anonymous][quote=Anonymous]The only thing you need is a hefty TERM LIFE policy, at least 10 times (for each of you) what you each make. So if you make 70K, get a 750K policy. We did a 30-year but 20 is probably fine too if you're a good financial stewart and expect to have home and college savings finished by then. Run away from any gimmick (ie: whole life) policy. They're abysmal. I could explain why, but there are thousands of articles on it. The only people who think whole life policies are useful are people who sell whole life policies. Try zander insurance - they are a life insurance broker and can look for best prices for you. TERM LIFE. That's all you need.[/quote] Exactly this. We both make around $200K - we are both getting $2mm policies for 20 years.[/quote]
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