When we become parents, our priorities and what we deemed important change. We are no longer thinking of our own well being but rather now have to make sure our kids and families are taken care of. We don't give much thought to any unforeseen tragedies that could happen because truthfully we don't want to think about it. However, it is important to give this some thought and setting up a life insurance for your children is great way to ensure that they will be taken…