When it comes to insurance coverage, many people find themselves debating which kind of coverage they should have life insurance or funeral cover.Ideally, you should have both, but if you’re in a position where you need to choose one or the other, here are some factors that you should consider before making a decision.The Purpose of the Coverage Life insurance and funeral coverage have distinctly different purposes.Funeral cover is specifically designed to cover the costs of having a funeral. This includes things like burial, cremation expenses, funeral service fees, and paying for a headstone and coffin, among other things.