Does Life Insurance Cover Funeral Expenses? 
Life insurance serves many purposes . Life insurance can be used to pay off debts of the estate , replace income , cover final expenses including unpaid medical bills and funeral expenses . In the case of life insurance on children -LRB- a much debated issue -RRB- the proceeds can provide a financial cushion so the parents do n't have to return to work the next day but instead will have time to grieve with dignity . Life insurance can also be used to replace the lost services of a non-working spouse . The most important thing is , to make sure the life insurance policy is in force when it is needed . 