<prompt> Human: While signing up for life insurance after the birth of our first child, I saw there is an option for Child Protection Coverage 25k for 6mo, or 10k for 2mo, which as I understand it is a small policy in case the child passes away.Is this commonly purchased? I imagine it would be used for funeral expenses, is that correct? Is this a good idea to get, or would this be dumb?  <response>: Life insurance is for income replacement if someone dies and others are depending on their income. A childs funeral, while a terrible thing, should not be high on your list of things to insure against. 