You and your spouse are in good health and have reasonably secure careers. Each of you makes about $59,000 annually. You own a home with a mortgage of $118,000, and you owe $34,000 on car loans, $10,000 in personal debts, and $5,000 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 $9,000. Estimate your total insurance needs using the DINK method.