If you have kids, you need to pick a guardian in case you both die in an accident. (cnbc.com)
If you own universal life insurance, it's probably because you didn't want a policy that just provided for dependents in case you died during your earning years. (investopedia.com)
If your main concern is protecting your family in case you die prematurely or unexpectedly, term life insurance will likely be the best choice. (jrcinsurancegroup.com)