I used to have life insurance at my old job, but my new job doesn't provide it. (We do get some token amount, not really much.) Anyway, somehow I dropped the ball and forgot to get life insurance, so at the moment, my life is totally uninsured. My husband does have life insurance, at least more than me, but not as much as he probably ought to have.
I started to panic a little bit about this recently, and I found a broker that was highly recommended to me by someone I trust. The broker gave us some paperwork to fill out, which I have done, but my husband is very reluctant to do this. He feels that we don't need life insurance since one of us dying is very unlikely, and furthermore, he is worried that the broker will share all our personal information.
"One data broker is selling lists of addresses and names of consumers suffering from conditions including cancer, diabetes, and depression, and the medications used for those conditions; another is offering lists naming consumers, their credit scores, and specific health conditions."
So he doesn't want to get life insurance. But I'm extremely nervous having two small kids and no life insurance. He should probably be even more nervous than me, considering I earn the majority of our income, and the disparity may be even greater in the future since he may switch to an academia career.
What do you think? Can you convince my husband to get life insurance ASAP? Or do you agree with him?