If you already have ample assets to make sure that your family is not in need, You may want to get a funeral insurance policy. Funeral insurance is, quite simply, a policy to cover funeral expenses. The policies themselves usually have a face value less than $40,000 and do not usually need underwriting. For someone who is older, these policies can be much more affordable than traditional term or whole life insurance coverage.
If you 65 or older and need to get some sort of policy to protect your loved ones from any unwanted expense, then a funeral policy is probably going to be the best match for your needs.