Does Life Insurance Pay for Funeral Expenses?

Yes, the death benefit from life insurance can be used to pay for your funeral expenses.

When buying a life insurance policy, you select a beneficiary, and that person may use the death benefit proceeds from your life insurance to pay for your funeral.

Life insurance for funeral costs provide the security your family needs, when they need it most.

Learn more about buying life insurance for funeral expenses.

The beneficiary of a life insurance policy makes the decision on how to spend the proceeds of life insurance.

If you wish, you can make your funeral home one of the beneficiaries of your life insurance policy, to provide the money for your funeral costs.

The remainder of the life insurance can be left to another beneficiary, and that person can use the money as they see fit, if you wish to have a higher benefit amount for your life insurance policy.

That way, you leave some mon...