When determining the amount of life insurance to get on each other you may want to use a life insurance needs calculator.
That way you can accurately estimate your needs for coverage based on all key factors, including your debt, savings, length and amount of mortgage (if any), income, other life insurance, size of family, future financial goals, etc.
Some experts suggest buying from 7-10 times your annual income, so if you earn $150,000 per year, you might want to get $1,050,000 or more of coverage.
But, without the other relevant information, that is just a guess, rather than an accurate estimate.
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