Cancel!
I bought $1M 10yr policy on myself at age 28 with 1 kid, stay at home wife, maybe 100k assets. $225/yr for the policy.
Now: age 38, 6 kids, DW still SAHM. About 650k net worth, work's freebie life insurance is 3x salary, so if I kick the bucket today, DW will be at about $1M. Plus social security, which is very generous.
No need to insure; you're good.