At that time, the full benefit pays out to help cover estate taxes and other expenses. (protective.com)
One of the classic arguments in favor of permanent life insurance was that it was a good way to cover your estate taxes so that your heirs wouldn't have to. (policygenius.com)
Family - owned life insurance: In the event of your death, your survivors will appreciate having insurance cover estate taxes, your home mortgage, and other expenses. (inc.com)