When should you use life insurance? Some of the uses for life insurance benefits may include: Paying final costs: LifeHappens.org notes that life insurance policy benefits can be used to pay final expenses, including funeral or cremation costs, medical bills not covered by health insurance, estate administration fees or other unpaid obligations, Life Insurance Guide, Insurance
What is not covered in life insurance? Exclusions are situations in which the insurer will not pay out benefits. ... This means if you die racing a car, your be... more