Life insurance is meant to provide a lump sum to your beneficiaries in the event of your from natural causes and most diseases. There are some circumstances under which policy benefits are not payable, and some things that they don't cover.

Jun 23, 2017 What does life insurance cover? Life insurance is a way of helping your family cope financially when you. It is intended to provide help to your loved ones when they can't rely on your salary or income any longer. The payout can be used to clear debts, pay off the mortgage or just cover everyday expenses.

Life insurance could pay out a cash if you during the policy term and this could be used to help pay off these debts or it could help your family with every day living expenses or child care costs. It could help cover funeral expenses too.

Nov 17, 2017 A life insurance policy is a contract, so be sure to read the fine print. … Ways life
insurance does not pay out — living outside the United States … When hed
they told me that as the sole survivor they don't have to pay me …. The accidental
policy does not covers from health related causes.

The primary purpose of Life Insurance, as with any insurance, is peace of mind. …
your insurance policy as cash, which can then be used to cover the costs of …