Can Life Insurance Cover Funeral Costs? 
Life Insurance does pay for funeral cost and in regards any other financial obligation that the benefit may be given to the beneficiary . Most important is funeral cost since there are many instances where no life insurance is purchased and there are no planned finances in the event of a sudden death in the family or there is nay other financial burden in place at that time . Many companies will pay the beneficiary24 hours after they receive the death certificate in a lump sum , and tax free payment . The money can be used for anything they choose , however , there is the extreme purpose to repair any financial burden , and pay for any instance that may cause any of these financial burden . Funeral costs has risen in the last decade and there is a forecast that they will remain rising making it non affordable so life insurance is where we can use the benefits including other costs that may cause hardship . 