How Much Is Life Insurance For Kids? 
How much is life insurance for kids ? As few as a couple dollars a month upward . A parent can spend a few dollars a month and have a child rider attached to their policy and provide a small term policy for their child . Or a parent could spend a bit more and purchase a whole life or other cash value policy and create the first building block in a financial plan for their children . A big thing to consider with a child 's policy is buying the future insurability option . What this does very simply , is take away an insurance company 's ability to say `` no '' to your child later on in life if they wish to purchase additional life insurance . You may need to think about that one but how often can you think of any situation where you can take away an insurance company 's ability to say `` no '' to you ? The future insurability option LOCKS in a `` yes '' several times through your child 's life for a very small amount of premium . 