<prompt> Human: Im currently making around 120,000 a year. Dont have kids yet but we are planning on them in the next couple of years. Wife will be graduating with a degree in computer science in a year or two, and after we see where that takes us well be buying a house I can work from anywhere.Recently got some private health insurance, and they just called back and said since I was accepted for that, they can offer me term life. Looking at 30 year term, 1 million for 78 a month.I know term life is not for estate planning, and thats not what Im looking for. This would just pay everything off and set up college funds for any future kids, and give my wife some income until she was on her feet as a single earner. Ill look through whole life or universal later on.Thoughts?  <response>: Id buy term life only when the children are born or at least in the oven, and only get coverage until theyre in college. If wife has a high paying career, you may not need an awful lot. 