Of Morbidity, Life Insurance

With all the work drama, I was thinking about what would happen if I left my job. I could get another job and such, and I could COBRA health insurance short-term. But I have life insurance through my work, for a half mil. Fiance has NONE now that he's self-employed.

We're not really underinsured because (assuming work) we don't depend financially on each other until we either adopt a child or buy a house. Still, we hope to do both in the next five years, so I think life insurance would be wise.

I priced out him, by yearly premium:

*	15 yr	20 yr	30 yr
1 mil	290	420	770
750K	253	342	612
500K	185	245	425

I priced out me, amazing what 1.5 years and being female can do.

*	15 yr	20 yr	30 yr
1 mil	290	370	550
750K	253	313	448
500K	185	226	315

Yes, the 15 year is the same. Strange. I got quotes using the Zander Insurance company Dave Ramsey endorses, but I thought a lot of the companies were shady. This is only ING insurance's quotes. I trust ING.

I believe that I will become un-insurable because of my family's cancer and other histories. But then again, so could he, and they might cure cancer in ten years.

I know that our life insurance needs will go up in about 5 years, and until then a half mil on each of us is probably plenty. My instinct is to buy half mil 30 year policies on both of us, and then buy another half mil 30 year policy in 5-10 years. But really, this is all guess-work. What to do?