What does Life Insurance cover?

If illness or injury strikes and you or your family are in need of cash, life insurance can provide the funds. Although it’s an unpleasant thought, should death occur during your working years, life insurance helps cover mortgage or rent payments, utilities, credit card bills, and other debts owed.

Life insurance can also be used to pay funeral costs, unpaid medical bills, college tuition, taxes, and/or everyday living expenses. Another way of saying it: your family or loved ones can pretty much choose to use the funds any way they see fit.

Was this article helpful?

0 out of 0 found this helpful

Have more questions? Submit a request