Insuring anything is a good idea. Particularly Life. You need to insure your vehicle, otherwise you will not be able to drive it on your road. You need to insure your business, otherwise you will not be able to sleep peacefully, and you will always be worried about losses, and I would say one of the most important insurances is a child life insurance. You are actually investing in your child’s future by going for a child insurance plan, and that money the child will be able to use as a capital if it wants to start something in its life, buy a house or what ever. Again, insurance is a peace of mind. Medical emergencies can come at any time. Money is always money, and when you get Child Insurances for as low as $1 a month for a coverage of $20,000, going for a package is a good idea.