How Much Life Insurance Does My Wife Need? 
If your spouse works outside the home , it is probably a good idea to use the same type of calculations that you used to determine how much life insurance you should get . E.g. 10 times annual income . If there are some things that she does that you would not to be able to take over , but would need to hire out , you should add the cost of those fees into her coverage amount . If she is a full time homemaker , most companies will limit her coverage to the same amount as you have . That is actually a good amount for her to get , as you may need to relinquish part of your income to care for your family , if she should pass away . At the very least , you will have the added expense of child care . 