I received so many helpful replies to my previous post about paying off debt/buying another house, that I figured I'd ask a few more questions on this board!
So what about life insurance? What do you all do/have?
DH and I bought a term life policy when our first child was born. It's a 20 year policy, and soon we will be 10 years into it. Of course, we don't want to be left without insurance when our kids are still in college/teenagers/etc.
Should we cancel this policy and try to take out another 20 year policy? I'm nervous about the cost, since DH and I are not that young anymore! However, we are non-smokers and are not taking any medications, so I guess that will work in our favor.
Any other advice?