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.
You may also want to consider buying a separate life insurance policy on you, in case something happened to you, your husband may need help taking care of the children and your home.
As for your husband, you may want to consider a term life insurance policy which offers coverage for up to 30 years, and costs a lot less than a permanent life insurance policy.
That way, you get the most life insurance protection for your money, while you need it most, until the children are grown and on their own.
Level term life insurance is the most popular type of term life insurance and provides coverage and premiums that remain the same each year throughout the term (duration) of your life insurance policy.
And, if you choose renewable term life insurance it will allow your husband to renew his coverage when the current term life plan expires.
Here's an article that explains how term life insurance works and how you can compare term life insurance rates online among leading life insurance companies.