Now that I'm involved in buying a house, I am going to have to get serious about buying term life insurance, too. If something were to happen to me, I'd want my debts to be cleared in full so that none of my kids has to pay them off. This includes the house. I don't want to leave bills behind when I pass on.
I can tell you from experience, it's hard enough when someone you love passes away. But when you are haunted and hounded by the bills they didn't pay, and they didn't have life insurance, it makes the loss even more difficult.
