Not exact matches
For example, a life insurance policy of $ 100,000 in benefits will not only cover funeral expenses and any small
debts, but it also may
pay off the remaining mortgage on a home, other
debts, and
proper estate planning.
In the event of your unexpected passing, the
proper Mortgage Protection policy can help
pay off your existing mortgage
debt.
For example, the
proper amount of coverage is essential in ensuring that loved ones and survivors will be able to
pay off final expenses, estate taxes, or other
debts that they are in need of the life insurance proceeds for.