<prompt> Human: Im long overdue for getting term life insurance on my husband. Everyone says its so cheap, but it seems expensive to me! Help me figure out where Im going wrong with my calculation. He makes around 105k, I make 35k part time. The mortgage left on the house is 220k. We have no other debts. We have 3 kids, ages 9-13 to put through college. Hes 43, Im 38. I figure Ill want it for 30 years on him, until Im 68. 20 years seems too short. I may be a bit of a catastrophizer so while I want to work until retirement age, Im worried about working if my husband dies. If hes not around to help around the house and the kids, maybe I shouldnt work for a while. Also, the COL here is extremely expensive dont be fooled by our freakishly cheap mortgage. So...140k income replacement for 30 years plus the mortgage and college adds up to 2 million dollars. Thats around 250 per month in cost to us! My husbands current company would pay out 800k in life insurance if he died but I was told not to count on this in case he loses that job and moves to a company that doesnt offer life insurance. Am I overestimating our need??  <response>: That pricing seems reasonable to my eye. 4330yr has a decent risk of paying out.You can either drop the policy amount or term.Edit: when youre in your sixties, your kids are in their thirties, and your home is paid off, do you really still need a 2m policy? If you do, youll have to pay up for it. 