Final answer:
Life insurance policies for children under 4 1/2 vary in coverage amount, but are generally small and range from $5,000 to $50,000. These policies provide financial protection and cover final expenses.
Step-by-step explanation:
The amount of a life insurance policy for a child under 4 1/2 will vary depending on various factors, such as the type of policy, coverage amount, and the child's specific health condition. Life insurance policies for children are usually small, ranging from $5,000 to $50,000 in coverage. These policies are designed to provide financial protection and cover final expenses in the event of a child's untimely death.