Does Life Insurance Pay For Funeral Costs? 
Many funeral homes will accept an assignment of a life insurance policy in order to pay for final expenses . Your beneficiary can give the funeral home the details of your life insurance policy -LRB- company , acct # , etc. -RRB- and the home will contact the company to verify that the policy is in force . Your beneficiary can then sign an assignment form in lieu of paying the funeral home directly . When the life insurance company pays the claim they will send a check for the amount owed directly to the funeral home , then the balance will be paid to your beneficiary . 