re: Can someone give me Life Insurance Advice?

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The only reason to get insurance on a child is for funeral expenses if u cannot afford that out of pocket.

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That's one reason, but it also establishes the availability of life insurance for the future. If a child develops a disease (diabetes, cancer, etc). It can seriously hinder any chance of them obtaining coverage once they reach adulthood. By buying when they're young (like somebody said $2 per month) you guarantee that they will be able to add coverage in the future (without proving eligibility). I've got a $25,000 policy on both my kids- $3 each per month.