When it comes to life insurance for babies, the cost can vary depending on several factors such as the type of policy, coverage amount, and the health of the baby. Generally, life insurance for babies is relatively inexpensive compared to policies for adults. The cost of life insurance for a baby can range from around $7 to $20 per month. This cost can be affected by the type of policy chosen, such as term life or whole life insurance. Term life insurance for babies is often more affordable, providing coverage for a specific period, while whole life insurance offers lifelong coverage and may have higher premiums. It's important to consider the coverage amount needed to ensure financial protection for the child. Some policies also offer the option to convert the coverage into a larger policy when the child reaches adulthood, providing added flexibility. When considering life insurance for a baby, it's advisable to consult with an insurance specialist to understand the available options and make an informed decision.