<prompt> Human: Hello pf! We are having another baby and I am wondering if I need more life insurance?I have a 260k whole life policy with a cash value of 45k. This costs me 700year and gets more dividends per year than I pay in. I am not going to cash this out as it has been in place for 30 years.I have a 250k term policy through one company with a return of premium rider.I have a 110k term policy through another company.I have a 120k policy at work.My wife has 250k term policy with a return of premium rider.Do I need more?  <response>: If you die, does your wifechildren need more than 510k?If she dies, do you need more than 250k? You just have to decide how much they need per year, and for how long, and buy that level of insurance. 