CUT vanilla bean in half lengthwise. Using back of knife, scrape along inside of vanilla bean to collect seeds.
HEAT water to boiling in small, heavy-duty saucepan. Add seeds from vanilla bean or vanilla extract; heat for 1 minute. Reduce heat to medium. Add Coffee-mate and morsels; whisk until smooth, slightly thickened and hot.
DIVIDE mixture between 6 small coffee cups or tall shot glasses; top with dollop of whipped cream. Serve immediately.