This type of coverage is geared to providing quick benefit payments so that beneficiaries can pay an insured's final expenses such as funeral services, burial costs, and other related debt obligations. (insurancescored.com)
These are largely business related debts secured by his personal assets. (hoyes.com)
Life insurance can help cover taxes, fees, and other estate related debts, so your loved ones will not have to sell off valuable assets to cover these costs. (quotacy.com)