Why Would I Need Life Insurance For My Kids? 
I am a licensed funeral director as well as a life insurance agent . I 've seen several families go through this . Most families only think of funeral and cemetery expenses . But the bigger expense for you is the time you need away from work to recover from the loss of your child . Everyone handles grief differently . But you do n't want to go broke right when you are grieving the loss of a child just because you can not work to your full capacity for a while . Also keep in mind that even if you plan to just use direct cremation with no funeral or cemetery expense , people rarely follow through with that when they lose a child . Leave yourself options in case you want something more . Cremation is a great option when it 's what you choose . It 's not as good if it 's forced on you due to finances . And if for no other reason , it only costs pennies to insure healthy children . 