Good advice Slava.
It's also good to note that different insurance products are better suited for different people. My sister almost flipped on me when I told her I didn't have mortgage insurance, but then I reminded her that if I were to die it wouldn't matter as I am single, and have nobody depending on me. The bottom line is my parents would still get 6 figures from selling my house and keeping the excess for themselves.
However I have maxed out my disability/illness insurance. Because let's say I become paralized or something, there is nobody to care for me if I can't work. In a married situation; although you may count on two paycheques, it is possible to scrape by with just one.
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