Will a life insurance policy pay for the cost of my funeral expenses?Yes, the proceeds from life insurance can be sued by your beneficiary to help pay for the cost of your funeral.
However, the death benefit paid out to your beneficiary may be used by the beneficiary for any purpose that person chooses to use the money.
There are funeral insurance plans that are issued for the purpose of paying the cost of a funeral.
In addition, these plans may offer guaranteed approval which means you won't have to take a health exam or answer any questions about your health.
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Will life insurance pay for funerals?
