Yes, there are guaranteed issue final expense life insurance policies available offering from $3,000 up to $25,000 of coverage for people ages 45 to 85.
The amount of coverage available and the age requirements for apprvoal may vary by insurance company.
However, there are guaranteed issue policies for people who do meet the age requirements. That means, your parents cannot be denied coverage due to any pre-existing health condition.
And, guaranteed plans mean your parents won't have to take a medical exam, or answer any questions about their health.
You can purchase the coverage with your parents as the insureds, and you as the owner, and name yourself as the beneficiary of their final expense life insurance plans.
Then, upon their passing, you can use the proceeds of their policies to pay for the cost of their funeral and burial.
Learn more about buying final expense insurance for your parents.