How Much Life Insurance Should I Have For My Children? 
When it comes to insuring your children , there is no magic number . You could insure them for as little as what you believe a funeral would cost , or you could insure them for a substantially higher amount . Most parents do n't want to think about profiting financially from the unfortunate death of a child , but buying life insurance on children while they are young could give the child the guarantee of having life insurance as an adult . 