This means, because you may have to pay for the cost of your parent's funeral, you can buy life insurance on your parent.
There are guaranteed issue life insurance plans that provide funds to pay for the cost of a funeral, burial and all related final expenses.
In fact, some funeral and final expense insurance plans offer up to $25,000 of coverage with guarantteed approval for people ages 45 to 85. And, there's no health examination required or health questions asked.