A blessed Nativity / Theophany season to all!
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I voted "no", since this hymn doesn't containt specific prayer for departed people.
Edit: the only paraliturgical song being not about death or Resurrection I've heard duirng funeral was Polish carol "Do szopy hej pasterze". But, firstly, it was the Christmas time, secondly, our parish rector (because it was his burial) loved this carol.