How much?
How much life insurance do I need to purchase for my baby?
Today the average funeral is estimated to be between $7,000 to $10,000. You have to remember that you’ll need money to not only cover final medical expenses and the funeral itself, but the cost of funerals is rising yearly.
The best rule is to do what you can comfortably afford because any is better than none. A $5,000 to $10,000 policy will make the world of difference to your child’s family one day.
Take advantage while he/she is still young and healthy and secure your child’s future while protecting yourself for the unthinkable.