If you have a large mortgage, loan payments, and
ongoing education expenses for your children, you will need a larger safety net.
Rep. Rick Glazier (D - Cumberland) took issue with using lottery funds to pay for
ongoing education expenses.
Not exact matches
The death benefit pays money directly to your beneficiaries to help with funeral costs and
ongoing financial obligations such as daily living
expenses, child
education and mortgage payments.
The approach that is used by Fidelity in fulfilling its customers» basic needs includes offering assistance with maintaining a family's standard of living, helping a family to pay
ongoing family debts, funding the future
education of children and / or grandchildren, paying for final
expenses, and leaving the family a financial legacy.
That's because the proceeds from a life insurance policy may be used for any number of things, including the payoff of debt, the continuation of
ongoing living
expenses, and / or the payment of a child or grandchild's future
education.
Difference purposes could include the payoff of massive debts (such as a mortgage), the payment of
ongoing living
expenses like utilities and food, and for making sure that a child or grandchild will still be able to pay for their future college
education.
Your survivors could use the life insurance policy's death benefit to pay off debts, cover funeral
expenses, pay
ongoing bills and meet long - term financial goals like college
education for your kids.
The proceeds from such policies can be used to provide numerous benefits, including the payment of final
expenses, paying off a mortgage or other debt, funding a child's future college
education costs, or providing
ongoing income to a surviving spouse and family.