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Does life insurance pay for funeral expenses

15 March 2023 Category: Life Insurance

Will My Life Insurance Reimburse Funeral Costs?

It’s hard to think about how your family is taken care of financially after your demise and who will cover your funeral costs. This is where you will think about your life insurance and whether or not it covers your funeral costs. Let’s discuss it. Does Life Insurance Cover Funeral Costs? Yes, life insurance can cover funeral costs. Life insurance pays out a lump sum to the beneficiaries when the policyholder passes away. Your family can use this money to cover your funeral costs and any other expenses they may […]
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What Millennials Should Know About Financial Planning and Life Insurance

24 May 2018 Category: Article Archives, Life Insurance

What Millennials Should Know About Financial Planning and Life Insurance

How Life Insurance Helps Millennials Plan Financially As a millennial, it’s likely that you aren’t too worried about tomorrow’s finances. After all, you have enough to get by, you have an income coming in, and you’re saving up for your first house. However, not thinking ahead could be a costly mistake to make. There are financial challenges to think about, such as paying off student loan debt and saving for future goals. Fortunately, life insurance coverage is there to help your future finances. Although you may not think you need […]
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