What Can Life Insurance Money Be Used For? 
The beneficiary can use the money however he or she wants . Usually it is used to take care of final expenses or another need that the insurance was taken out for but that is at the digression of the beneficiary . For example , a policy may have been taken out to help cover the mortgage with the spouse as beneficiary . Upon death the spouse may go ahead and pay off the mortgage or they may choose to do something else with the money , it is up to them . 