Your beneficiary can use the death benefit to cover a variety of expenses, including:
Final expenses: expenses to be paid after your death, including funeral, cemetery and burial costs
Mortgage payments: monthly bank payments to pay off the remaining loan on your home
Education expenses: tuition and educational costs for private schools/college for your children
Debt: payments for car loans, personal loans and credit card bills
Medical bills: health care expenses for hospitals, doctors, surgeries and procedures
Necessities: everyday living expenses like gas, groceries and utilities