We have three young children so we're trying to figure out what would best provide for the family if God forbid something were to happen to him.
If you are looking for the most affordable plan providing the largest amount of life insurance protection for your money, you may want to consider term life insurance for a duration (term) of 20 or 30 years, depending on how long you need life insurance protection for your family.
Since permanent life insurance provides lifetime protection, and builds up cash value inside the policy, it costs a lot more than term life insurance.
Term life insurance is temporary for a set period of time and provides only life insurance, not an investment, so it offers a lot more life insurance for your money.
You have young children, so in order to provide protection until they are grown, you may want to choose a 20, 25 or 30 year level term life insurance policy for both you and your husband. That way, if something happens to either of you, the family will not suffer financial hardship having to pay for the loss of your efforts, or your husband's income.
Here's how you can request a free term life insurance quote online from an "A+" rated life insurance carrier that has been insuring families for over 100 years.