The good news? You may already have a basic life insurance policy in place. Check with your (and your spouse's) employer to see if it's already a part of your benefits package, or if it's an option that you can add on. If not, consult with a representative from a well-respected provider and set up plans for both you and your spouse. While the possibility of your ever needing it is highly unlikely, in the tragic event of a death in the family, the last thing you need is to have the surviving members' financial well-being disrupted.