As a young guy in relatively good health I had never even considered getting life insurance until a few months after my first son was born.  When my father-in-law asked what would happen to my wife and son if there was ever an accident, I was speechless.  Suffice to say that was the best piece of life insurance advice I had ever heard, and I immediately contacted our insurance agent the next day.  Since both my wife and I are non-smokers, and in good health, we were both able to get a twenty-year term life insurance package valued at half a million dollars for under twenty-dollars a month.  When you are young, you probably feel like nothing bad could ever happen, but having a life insurance policy is probably a good idea, just in case.