DH and I thought about this a few years ago, right after he had read an article about the 'price' of the work that the primary caregiver does lol.

He was horrified when we added up a cleaner and full time childcare and all the extras that you don't immediately think about.

We ended up getting life insurance for me. I am just in the process of upping the amount at the moment and to be honest it is a pita to fill in all the forms and have blood tests etc but I figure that it is less than the hassle that DH would have iykwim.

I get it through my super and I think it works out to be about $12 a month for quite a bit of cover (more than enough to pay off the mortgage) and just comes from my super and then I pay in the total premium amount once a year as an after tax super contribution (dh paid it the years than I had no earnings and then got a tax deduction for a spousal contribution) the govt puts some in as well under the super cocontribution, so it is sort of like we get the insurance for free.