I have questions because I don't know anything about it..
Where do you look for life insurance?
What things are important to look for?
Are there family/couple policies?
This sounds terrible, but have you taken out life insurance on your children?
(I only ask because my sister just passed away and we are in a bind financially, I see the wisdom and generosity of having life insurance.)
How much is reasonable to pay in?
What is a good payout?
These questions may seem insensitive but I HAVE to leave my family in a better way. My sister was somewhat estranged and passed away suddenly. No will, no funds that have appeared, just a LOT of loose ends that my poor grieving mother is having to try to tie up. I don't want that to be the case when I die. I want everything to be in order and as little stress on my family as possible.