How Much Is Life Insurance For A Child? 
Child Riders : I always offer a child rider to parents . Recently -LRB- today -RRB- I added $ 20,000 child rider a mother 's policy . It cost her a whopping $ 8.60 . Not each , but for all 4 children . So the cost per child is $ 2.15 . And if she has more children or adopts they are covered from the 15th day of life with no qualifying . No extra cost . The automatic coverage has meant the difference of being able to cover a child born with a grave illness or not . Which brings up another benefit of most child riders . Guaranteed convertibility of up 5 or 6 times the amount . In the case above when a child reaches age 25 they have the guaranteed right to convert the $ 20,000.00 rider to $ 100,000.00 Permanent plan . No medical questions , no exams , no blood work . At standard rates . That is a huge benefit . We have converted young cancer patients , a Marine in Iraq and a 25 year old that had been in a coma for years to name a few . All for $ 8.60 or $ 2.15 per child . And they can still buy individual policies on the kids . Or use the saved money to buy much more coverage on mom and dad . Individual child policies : I am also a big proponent of short paying a childs policy . Actually just about anyone under 60 that can afford the extra premium . I do not really show cash values on small policies as they take a very long time to grow and normally do not amount to much . Twenty years ago we were selling $ 5,000 Burial and Child plans . While better than nothing , the now grown children are underwhelmed with the face amount or small cash values . Today I am suggesting much larger plans . Not child plans but plans that will be worth more when they are adults and need to protect their own children . $ 50,000 , $ 100,000 or even $ 250,000 plans are not unusual and very reasonable from top rated Insurance Companies . Starting at about $ 20 . As always an experienced Life Insurance Agent is your best source of information . One that has more than one or two companies or types of insurance . 