You and your spouse are in good health and have reasonably secure careers. Each of you makes about $58,000 annually. You own a home with a mortgage of $116,000, and you owe $33,000 on car loans, $9,000 in personal debts, and $4,000 on credit card loans. You have no other debts. You have no plans to increase the size of your family in the near future. Assume funeral expenses of $10,000. Estimate your total insurance needs using the DINK method.