DEAR HARRY: My husband is 70, and I am 69. We both get Social Security checks, and he gets a pension. He had a life-insurance policy paid for by his employer while he was working, but he let it lapse when he retired. Neither of us has any life insurance now. We have no children, and we own our house and car free and clear. We have long-term-care insurance, but not enough to cover all costs. If I die first, he'll lose my Social Security, but there will also be less cost for my living expenses. If he dies first, I'll get his Social Security and three-quarters of his pension. My husband insists that neither of us needs life insurance. I think we need life insurance on him to make up for my loss of one-quarter of the pension. I do not think that's fair. Can you help us?