If you are just looking for a burial type life insurance policy which you would like to give to your child as a gift when they are an adult, perhaps when they have a family of their own, you might just start off with a $30,000 life insurance plan.

Underwriting is usually minimal in most cases on life insurance policies for children, meaning there is no health exam and few health questions. You can even get a quote and apply online for your child's life insurance plan in about 5 minutes.

You can get life insurance for your children starting at around $3 or $4 per month for up to $30,000 of life insurance protection for your child.

And, the rate may be guaranteed to remain the same for the life of your child. Your child may also be able to add additional coverage to the policy when reaching age 18 or 21.

Here's how you can buy a child life insurance policy online for your child.