I had life insurance while my wife was alive and we had a mortgage to ensure that she would be provided for in the event of my death. But now I have no dependents so I don't have any such insurance any more. And I am well enough of for my children to be able to pay for the funeral out of my estate so I don't have funeral insurance.
Perhaps funeral insurance makes some sort of sense for poor people who have trouble getting a substantial lump sum together in a hurry. Knowing that it is already paid for would take some of the stress out of an already difficult time.
