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You are a dual income, no kids family. You and your spouse have the following debts (total): mortgage, $250,000; auto loan, $12,600; credit card balance,

You are a dual income, no kids family. You and your spouse have the following debts (total): mortgage, $250,000; auto loan, $12,600; credit card balance, $3,200; and other debts of $6,800. Further, you estimate that your funeral will cost $6,400. Your spouse expects to continue to work after your death. Using the DINK method, what is your life insurance need?

Multiple Choice

$142,700
$6,400
$136,300
$285,400
over $279,000

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