Life Insurance Quandry

Rating: 2 Posted By: cpaynter Views: 102 Replies: 5 Trying to figure out what to do for life insurance.I'm 53, wife is 50. Hoping to retire at 68. Wife wants me to have 1.75mil coverage until I retire, so 15 years. I keep telling her that life insurance won't pay if she's the one who puts the bullet in me, but she still wants the life insurance.The big problem with getting insurance now, besides my age, is a sleep apnea diagnosis from a few years back.For the whole 1.75mil coverage, the best rate I can qualify for (and yes, I've gone through several services) is 15 year term from United of Omaha, at $380 per month.I can also get coverage through my work for $660k of coverage for $132 per month (or I can step the face value down at $22 per $110k).And I have a New York Life universal life policy with a $1mil death benefit that I've paid into for about 15 years @ $200 per month.