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What does life insurance cover?

Life insurance helps your loved ones manage the financial impact of your passing. They may use the death benefit payment to: 

  • Pay for funeral expenses 
  • Provide care for your children or other dependents 
  • Pay off debts 
  • Provide a donation to charity 
  • Replace your income to allow your family to maintain their standard of living 

You may also choose to leave the money to your estate or to your trust. To discuss your death benefit payment options, connect with an advisor.