[kbuoni]

I feel differently about life insurance for children. One of the many reasons to purchase life insurance is to replace income. If one of my children died, it would be a long time before my husband or I would be capable of going about our normal daily routine, going to work or whatever. Our incomes would suffer accordingly. We have $50K life insurance on each of our children so that financially, we could take the time to grieve and not feel pressure that we might lose our home, retirement, whatever.

Our insurance agent also mentioned another benefit. It guarantees our children the ability to have life insurance. This way, even if they become diabetic, have a bout w/ childhood cancer, or any of a million other things that would make them uninsurable, they have at least this little bit of insurance for their future families.

Just my point of view.
Kim