Yes you need Term Insurance

Charlie Brown and Lucy are on the right track - although the cost is a little higher.  YOU NEED TERM INSURANCE if you are married or married with children.  No one thinks they might not be around to raise their children, but there are statistics out there that tell us that it is a possibility.  Do you know that you can buy Term Insurance for mere pennies and provide for your family if you are not there?  The younger you are, the cheaper it is.  Usually it is a level monthly payment for 20 years.    At the end of the 20 years, you may still have kids in high school or college and still need coverage in case of emergency.  You can renegotiate your policy but for a higher monthly payment.  Do you need other insurance too?  Maybe not.  With Wisdom,  you could save or invest and have the amount of insurance you need.  How much insurance do you need for a growing family, reports say that you need about 4 times your yearly income. Shop around and set up a fence around your family.  Your family will be grateful for the peace of mind.