Reply to Where to get life insurance for SAHM?

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[quote=Anonymous][quote=BigSofty]Why do you need life insurance?  It is used to replace an earner's labor income in the event of the earner's death. You have no labor income.  Don't waste your money.[/quote]

So dumb.
HA.  If I died, DH would need AT LEAST 50K annually to pay for child care for 2 kids, and either have to come up with more to pay for eating out, cleaning, laundry, etc. or else DO IT ALL HIMSELF in addition to his job.
I'm glad I sorted this out before I had my first - I am a SAHM, DH makes 75k but I am insured for 750k.  Got the policy in my 20s when I was working.

I'd say you can do without it IF AND ONLY IF you have a relative, in good health and sound mind, who is retired or doesn't have to work, who would be able and happy to provide free child care.

What would suck is if I didn't die, but became ill or injured and no longer able to care for my children.  Then we would be up shit creek - and I can't get insurance for that.
I seriously think there needs to be an overhaul of Social Security to provide for this sort of scenario.  Not everyone has relatives able to help.
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