I am about to have a baby, and see lots of ads for the Gerber Life Insurance for children, but don't know if I need it. The price seems to be less than what I would have to pay at my job. Is this something I need?

If you want to get life insurance on your kid, a simplified issue or guaranteed issue policy will generally be more expensive than a regular policy that your current independent agent could sell you. There are many different types of policies out there depending on what your goals are and your budget. Go talk to an independent insurance agent, or a few while you're at it.

No. Gerber Life is completely unnecessary. They basically sell you burial insurance with the ridiculous come-on that it will "protect your child's insurability". Here's the reality - in 20 years, that token coverage will be worthless. Hopelessly inadequate even for burial at that point.

Save your money. It's a sucker deal.

No. I don't insure any of my children. The Gerber plan is the most expensive policy, for the least amount of coverage.

You're better off just saving the money. You'll have more in pocket when your child turns 18.

definitely. how would you pay for the funeral if something bad happens?? God Bless.

It is a good idea to purchase life insurance for your baby for a number of reasons. It will be there for them to use to borrow against for college expenses, it guarantees them life insurance coverage for when they are adults, and God forbid something happens to them before their time, it is there for expenses in a tragedy. It is a good investment in their futures, I have it on my son.

Its very importent that u have a life insurance.Its no metter that policy is urs or ur child. There are some plans that make it possible to cash in on unused payments when your children become college age. You should also have life insurance on yourself and your spouse/significant other. It would be a good Idea to get several quotes. Also, the sooner you get a policy, the less likely there will be pre-existing medical conditions. The policy builds cash value. Your child can keep the policy when they are an adult. Also it doubles, then triples, in value at certain ages. It is a good idea to purchase life insurance for your baby for a number of reasons. It will be there for them to use to borrow against for college expenses, it guarantees them life insurance coverage for when they are adults, and God forbid something happens to them before their time, it is there for expenses in a tragedy. It is a good investment in their futures,