How To Pay For Funeral Expenses With No Life Insurance? 
How to pay for funeral expenses when there is no life insurance ? Well the most basic way is to liquidate an asset or borrow from a credit card or dip into a family memver 's savings or investments . The problem with all of that is timing . Having to borrow or liquidate investments may cost more than what is spent on the service as cashing out in a down market or borrowing at a high credit rate can make things cost more . What life insurance does more than any other financial product is create a pool of money when it is most needed to be used for any purpose , without penalty , or tax or market risk . 