If you’re looking for GOOD life insurance, find an office for a company called Primerica Financial Services. They’ll not only give you a quote, but they’ll also help you determine how much you actually need, if any.

Regardless of what you do, you want level term life insurance; all others are a waste of money, especially cash value life insurance. Anyone who disagrees with this is a liar.

However, there are many insurance companies that offer child insurance policies that you can get for a fair price for a short time.

1. Simply buy an individual health plan on him. At his age, assuming he’s in good health, etc., you should be able to get a plan for less than $ 100/month (perhaps a lot less). Look for a plan with a higher deductible, like $ 2500+. This will lower the cost but still give you the benefits he’s most likely to need, like a copay for doctor visits & generic drugs. Go to NAHU.org (see below) to find a local broker who specializes in health insurance or visit my website for a free quote (www.genesis-grp.com).
2. You could consider buying him a short-term/temporary medical plan. This would probably be even cheaper, but you would not get the doctor & drug copays mentioned above.
3. You might also visit http://www.insurekidsnow.gov to see what sort of gov’t plans might be available. However, it’s likely that he won’t qualify before your own group coverage starts (sometimes the process itself takes weeks or even months to complete).

A few additional thoughts or suggestions:

4. You may find that the individual plan is quite a bit less expensive even than putting him on your coverage at work. Most group plans assume you have “2.2 kids,” so the person with 1 child to cover pays more than the person with 3 or 4 kids (hey, it’s group insurance, which is “averaged”). Sure, the group plan will probably have somewhat better benefits (lower deductible, etc.), but take a few minutes to think if the extra premium is worth the extra benefits (how much health care is he going to need or use?).
5. You should consider getting at least the short-term medical coverage on yourself, “just in case.” You are, I assume, the primary breadwinner for him – what if you needed some sort of catastrophic care? Get a plan with a big deductible (for you, I’d suggest $ 5,000); it’s unlikely you’ll use it, but isn’t that the whole idea of any insurance plan – “just in case?”

Hope this helps a bit – have a swell day!

As for deciding how much to get, ask yourself these questions:
a) Do I want all debt to be paid off? b) Do I want my income replaced? If so, for how long? c) Do I want my mortgage paid off? d) Do I want to have my childrens education paid for? Lastly, do you want your funeral paid for (about $ 6500- 8000 will take care of that, less to be cremated).

It is actually understandable why your husband doesn’t “believe” in this. You have to accept your mortality. You have to look death in the eyes when you plan for protection with life insurance. The only lives you are insuring is your families. Ask him if he feels comfortable knowing that if he passes away, you will be struggling to do everything by yourself that he now helps you with? Ask him if he would like to struggle if you were to pass away? List the things you do around the house and if you work. Then show him on paper what he would have to begin thinking about RIGHT after you passed away. Then say that it is the same thing if he passes.

I hope this helps. Remember, life insurance and savings should be kept separate. You can find mutual funds that do better than what any cash value can do for you.

Go to an insurance proffessional in your area.
Tell them you want term insurance that is convertable.
Get a 10 or 20 yr term for 10 times your income.

Here is the hard part. Now that you are not stressed about the decision, spend some time doing some research and making a plan. Most people buy the insurance and forget about it as they have already made the decision. Learn about life insurance and what it does when you are not stressing about it. You can always change your mind!

TERM insurance best suits my needs.

FIRST write down your needs. THEN find a local agent or two willing to get you a buncha quotes, and sit down and talk to you. If you go to your house or car insurance agent, he’ll be more willing to look at a variety of products, and less determined to sell you a specific type of insurance.

Keep in mind, if INVESTING is part of the goal, life insurance is NOT a good investment product. There are less expensive things out there, with better returns. So if someone tries to “change your goals” and sell you an investment policy, try a different agent.

Be sure you buy your policy from a company financially strong – AM Best rated A- or better.

However, on a more serious note, you should be looking for a new health insurance plan as soon as possible in case you get sick or pregnant.