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My wife and I have both increased our life insurance policies to cover the debt on our house. That way, if one of us died, the other one would have a huge chunk of money to either pay off the house entirely, or be able to make payments for quite some time. The idea is that the loss of one income doesn't put the family out on the street. I also just got long term care insurance...it is cheap to start when you're young, and again, while it won't pay all the bills if something bad were to happen to me, it at least would make a dent in the expenses.
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