re: Opinions on life insurance for your kids?

I bought a 75k whole life insurance policy for my daughter when she was born. I went with Northwestern Mutual. The premiums are approx 32/month. It has the guaranteed insurability rider and all dividends are used to purchase additional life insurance. After 5 years the death benefits is now approx $75,800 with a cash value of approx $650. I also started a 529 LA Start Savings plan and have additional savings set aside for wedding/etc. The life insurance policy is something to pass along to her when I feel it is appropriate.