Final expense insurance may be the best option for people who are not eligible for traditional life insurance, but it’s not for everyone.
Coverage for final expense products is typically small. So, it may not be a good option for those with a higher face amount life insurance needs.  For example, other traditional forms of life insurance can be a better choice if you need to cover a large debt, a mortgage or a major loss of income.
Any life insurance policy can be used to pay for a funeral. You can buy any term or whole life policy and instruct your beneficiary to use a portion or all of the death benefit for your funeral.