What does a life insurance plan cover?

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asked Jun 7, 2017 in Insurance by Ajh (140 points)
I know Life Insurance covers funeral expenses. But what else does life insurance cover?

Does it take care of any unpaid bills I have?

1 Answer

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answered Jun 7, 2017 by Judy (56,120 points)
It depends on what your life insurance plan says.
 

Some life insurance plans only cover the funeral expenses and others cover both the funeral expenses and unpaid bills.

It also depends on how much coverage your life insurance plan will cover you for.

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