Yes, adult children can and do purchase funeral expense insurance policies on their parents to help pay for the cost of their parent's funeral, burial and related expenses, which may exceed $7,700.
Many adults find that perhaps their parents don't have enough money saved up to pay for their own funeral, and by planning ahead, you can help ease the financial burden with a funeral policy.
Today it's quick and easy to get the life insurance you need on your parents to cover their final expenses.
In fact, there are even guaranteed issue policies available which means even if your folks have health issues, or have been turned down for life insurance, you can get final coverage for them.
Learn more about funeral insurance for your parents.