How Much Does Life Insurance For A Baby Cost? 
Life insurance premiums are based on age , so it is very inexpensive to purchase it for a baby . The health of the baby , duration of coverage , and carrier also affect premium so it would be difficult to quote all of the scenarios in the scope of this answer . To provide a very rough idea of cost ; the premium for $ 10,000 of coverage will be around $ 4.50 per month . The parent may want to use life insurance as a savings account for the baby in which the premium will depend on the factors above and also how much the parent wants to save . It is an excellent idea to start early with insurance as it guarantees the child 's insurability as they get older . Please discuss the many options available with a knowledgeable insurance professional . 