How Much Life Insurance Should I Have With Kids? 
Here are two ways of looking at this : 1 . Life insurance on you as the parent . Take out enough so that your surviving spouse and children will be able to live comfortably . No debts , not worries about paying bills , and no concern about running out of money . Choose a face amount that could be invested conservatively and they could live off the interest . 2 . Life insurance on your kids . Give them a nice-sized policy that will grow in leaps and bounds . Over time , the cash value and survivor benefit could increase dramatically . And , it is a big plus to enter adulthood already insured . That will make it much easier to get a mortgage or business loan . They will thank you for it ! 