You and your spouse are in good health and have reasonably secure careers. Each of you makes about $50,000 annually. You own a home with an $100,000 mortgage, and you owe $25,000 on car loans, $8,000 on personal debts, and $8,000 on credit card loans. You have no other debt. You have no plans to increase the size of your family in the near future. Assume funeral expenses of $6,000. Estimate your total insurance needs using the DINK method.