In this situation, the goal is not to replace income, since the child doesn't have any, but rather to cover the cost of funeral expenses if the child dies. (insuranceproviders.com)
Buying life insurance is great for providing funds to cover lost income, to pay bills and it can help cover the costs of a funeral and burial. (quotacy.com)
Your family will receive a set amount of money to cover the cost of your funeral when you pass away. (moneysmart.gov.au)