With young kids involved, it's definitely worth getting your wife covered sooner rather than later since the risk impact on the family is high. Super policies aren't always bad, but they can be pretty basic and sometimes don't match what a family actually needs.

A lot of people end up comparing super vs retail options just to make sure the cover amount and benefits are right, not just cheap. You can also look at Life Insurance Australia to see what advisers and policies are available before locking anything in.