When I think of life insurance I normally think of peace of mind for family in the event of a life crisis. It is a way to take care of funeral expenses. It is not cheap and there are so many options. You really need to go speak to an insurance agent to find out what your best options are and the costs.
Before I do anything these days I tend to look it up on line first. Do a little research. The Life Insurance Lowdown blog has done some of the research for you and can be a starting resource to answer some basic questions about insurance. For example, should you buy term life verses whole life. My mother has always told me whole is the way to go. There are also some feature articles which are really informative. There are tips to getting a good policy and even things that may bar you from getting insurance all together...like cancer, a pre-existing condition.
Be sure to check the archives for past months articles about insurance. There is a little treasure cove of information there that will definitely put you on the right direction for making the right decision for you and your family regarding life insurance.