As title reads, looking at 30 - ish year term life insurance plans for my wife and I. Got our estimates today from our current insurance provider for home and auto. Looking at a 500k policy that would go until we are 65 years old (we are both 28). Combined price was a fixed $82 a month for 37 years. Is this good? Is this bad? Just need some feedback before I punch my information into a website and start getting bombarded with life insurance ads. Thanks!

Edit: We currently do not have kids but plan on having our first within the next two years. Plan on 2 kids. We have a $215k mortgage that we just started this year and she has about $12k in student loans. That is our only debt. We make around 80k each annually. We are both also very healthy and active. The $82 a month is the preferred rate, not the super preferred.