How Much Life Insurance Should I Get For My For Kids? 
It depends on your objectives . Parents usually buy life insurance on their children for a couple of reasons . At a minimum , you probably want at least enough to cover the cost of final arrangements -LRB- funeral , cremation , etc -RRB- . Tha smallest stand-alone policies are usually around $ 5,000 . On the other end of the scale , you may want to buy more for your child in order to lock in coverage for them as they go into adulthood , and you might look at $ 100,000 or more . Insuring children can be a smart financial decision , but I would never insure my children until I had myself insured for as much as it would take to replace the amount of my income I want my family to receive should I die . 