Offer Financial Support

The death benefits for your loved ones can be used to supplement the lost income. If you were the sole provider, your spouse and children could use the money to cover things like rent, buy food, pay tuition fees, and health care.

Pay Off Debts

If you leave any outstanding debts, your loved ones could use the money to clear them. Your family will not be left with the burden of debt or dealing with creditors who want to collect anything used as collateral.

Cover Funeral Expenses

Another way the death benefits can be used is by covering the funeral expenses. Funerals can be more expensive than people expect. If you have not made any funeral arrangements, your loved ones could use the money to cover the funeral expenses.

College Fund

The death benefits can also be used to take your children through college. Instead of them being overwhelmed by student loans, the money can help cover part of the college fee, if not all, ensuring your children get the education they need. This coverage option allows your children to study throughout their college lives without being asked for fees.