[MonkeyMama]

We've upped ours. I'm covered for $700k/dh for $500k.

His is too cheap to bother with. I was able to add $200k quite cheap through my professional association. I will drop the extra $200k if my spouse returns to work.

For my spouse, since he relies on me 100% financially, it is well needed.

For his coverage, I look at it for financial security early on (I would probably work less rather than hire more childcare) and for the long run, and probably could do okay without it. But his wages when he works primarily goes to retirement and long-term savings, so would also shore that up a bit.

The $500k policies we got super preferred rates in our late 20s. They are 30-year-term. I imagine we will self-insure when they expire; or even drop them before 30 years. But if we waited to age 30 we couldn't have gotten anything near as cheap.