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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is DCUM, so you will hear from a lot of over-insured people.

First, you should only buy term life, not whole life or any other stuff an insurance salesperson tries to sell you.

Given the $75k salary of the spouse being insured, and the $550 mortgage, I think something in the $600k range would be reaonable. That's probably the lowest I would go, but the caveat is I'm not an expert/financial planner. That way you pay off the mortgage and you can easily cover remaining expenses with your income.

If you go to $1m on your husband, that would be plenty, for sure. That would allow you to work part-time if you needed to following his death.

On your life with the higher income, I would go higher, $1m or more. If it was me. Because he would really struggle without your income.

[/quote]

You sound pretty knowledgeable about this, could I ask you a question?  For a mid 30's male in good health, non-smoker, about what do you think a $750,000 term policy should cost?  [/quote]

You could onto insure.com and get price quotes (if you aren't really shopping you can use an email address reserved for spam, and fake or google voice phone).

Term life is a commodity-- it's very comparable and the internet isn't a bad way to shop for it with 2 caveats: 1) for some particular conditions or risk factor (like a family history of cancer) some companies may have different underwriting policies, so an independent insurance agent may be able to steer you to a cheaper policy; and 2) you want to get a policy from a solid company (financially high rated), not solely the cheapest, so they are there to pay you if needed.[/quote]

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