I got 3M safety earmuffs specifically for my kid. They reduce the noise to a more manageable level, which is useful if either of us have a headache. But we sort of got used to the noise, so we don't use them much.
Seconded! I love my 3M earmuffs, low-end Peltors. I can add earbuds underneath them if I want a little music or generated noise to completely remove audio distractions.
If it happens often enough, you might train your kids to use the high pitch screaming sound though, as that will get them the attention. Scary thought what might develop from there!