As CAr mentioned, we also tend to over-insure, but, as long as you and the family are comfortable with the number–that’s what really matters. BG’s comments about insuring before you encounter any medical issues are also spot on.

My sympathies concerning your friend. We’ve lost two friends in the last couple of years as well.

Even though we all know nothing in this world lasts forever, it is still shocking when these things happen, and definitely reminds us how short life really is.