What Does Life Insurance Typically Cover? 
Life insurance is intended to provide some monetary assistance in the event that the insured passes away while covered . Life insurance is typically meant as a way for the family of the insured to be financially capable of moving on after the loss . The funds from the policy are intended to help provide for those things that could have possibly been provided -LRB- i.e. pay off debt , pay for college , etc. . . -RRB- by the insured if the insured had not passed . This is a very limited explanation of life insurance , contact a local agent to discuss your wants and needs with this type of coverage . 