It seems to me that even having a regular savings account set aside just for final expenses would be better than having a life insurance policy. I'm sure there are certain exceptions Austin estate planning, but even the financial professionals in many cases are saying all that needs to be covered is final expenses. The rest of the money you leave to your heirs can be in other accounts.
So why is life insurance so important? Some may say that it's really not, but you'll have to make that decision for yourself. Certainly, it can't hurt, but it may just be that there are better options for this part of estate planning.