My mum Sadly Died the other week, she had a basic life cover for funeral expenses... not enough to cover! why?

When you buy an insurance policy, you buy a set amount of coverage. Due to inflation, an insurance policy needs to be reviewed at least once per year with your agent to see if you need to adjust coverage for inflation. The insurance company pays the beneficiary (your sister) a set amount when the policy holder (your mother) pes. If she bought the policy 30 years ago, chances are she only bought a policy to cover the average cost of a funeral at that time.