Photo of my little one :)

Most child life insurance policies are very similar and priced the same. You may also want to check out Globe's Child Life Insurance policy. Be sure to compare not only the price but also the rating of the life insurance company.

I personally think that Gerber's Life Insurance is a little pricy for the benefits they provide. I think the best way to go about it is to contact a financial advisor for consultation. I have not done that yet (I'm 30 weeks pregnant), but plan on doing it very soon. Good luck.

As heartbreaking as it is for a child to die, life insurance on a child is a waste of money imo. The money is not going to bring them back and from a pure financial point of view, your expenses will be less than before.

You're better off saving that money for a rainy day fund and if the unspeakable should happen, you can draw from that to cover funeral expenses.

Life Insurance for a child is not a waste, because if the unthinkable does happen, you will have the money to cover the burial, and if you are a hard working American like I am, you will also need a little extra to cover the time off of work for planning the funeral and a little alone time to morn. It is worth it to spend 500 or 600 hundred dollars to cover 5,000 or 10,000 thousand dollars. Also, most Insurance Companies give you the option of cashing out any premiums you have paid over the years, which is more than I can say for car insurance or home owners insurance. Not to mention that due to inflation, the average cost of a funeral now being 5,000 is steady increasing.

It is more important to have insurance on yourself as a parent; you can get a rider added on to your policy to cover life insurance for your child to cover their death expenses. Check to make sure that the rider can be converted to a policy for the child only when they become an adult, in the event they have medical problems and might not qualify for insurance on their own at that time.

I'M A SINGLE MOTHER OF TWO VERY YOUNG CHILDREN, AND I'M TRYING TO FIND THE BEST AFFORDABLE AND RELIABLE INSURANCE FOR MY FAMILY. I'M LOOKING FOR SOMETHING THAT WOULD COVER ALL OF US FROM THIS POINT ON. I'M ALSO TRYING TO FIND THE SAME KIND OF SERVICES FOR CAR INSURANCE. I DON'T KNOW IF ITS BETTER TO GO WITH A BIG NAME COMPANY OR A SMALL TIME COMPANY? SHOULD I GET SEPERATE COVERAGE FOR ALL OF US, OR SHOULD I GET GROUP INSURANCE? WHERE CAN I GET HELP WITH QUESTIONS & CONERNS, I'S SO CONFUSED BETWEEN TERM, WHOLE, AND OTHER THINGS I'VE BEEN HEARING ABOUT. CAN ANYONE HELP ME OUT?