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  • Life insurance is for the living, not for credit card debt
    Sep 10, 2008 . An adult child wants to use her elderly parents' life insurance proceeds to pay off her credit card debt -- before they die.
    http://www.creditcards.com/credit-card-news/klayman-using-parents-life-insurance-for-credit-card-debt-1293.php

  • The Truth About Life Insurance and Leaving Debt Behind
    Some life insurance advertisements warn that you should purchase life insurance so that your dependents will not have to worry about paying off your debts .
    http://www.termlifeinsurancenews.com/blog/truth-life-insurance-leaving-debt

  • If someone dies with 10K in credit card debt and no assets but has life
    If someone dies with 10K in credit card debt and no assets but has life insurance does the credit company get the insurance or does it go to the beneficiary?
    http://wiki.answers.com/Q/If_someone_dies_with_10K_in_credit_card_debt_and_no_assets_but_has_life_insurance_does_the_credit_company_get_the_insurance_or_does_it_go_to_the_beneficiary

Life Insurance life insurance for debts Types

  1. Life Insurance and Debt: More than Mortgage Payments
    Key facts to determine how much life insurance you need to cover debts including mortgages, credit cards, and other debts.
    http://www.lifeinsurancefactcheck.com/life-insurance-and-debt-more-than-mortgage-payments/

  2. Lawyers and Settlements Forums View topic - Life Insurance ...
    Mar 16, 2006 . Let say the passed away person at the time of death owed $20000 debt, when still alive has a life insurance policy for $30K for example and .
    http://www.lawyersandsettlements.com/forum/viewtopic.php?t=1175&f=42

Getting Your Application Approved and Placed

Does Life Insurance Have to Be Used to Pay a Deceased Person's ...
If your loved one has recently died and he or she owned any life insurance . How Are a Deceased Person's Debts Handled Before and During Probate?
http://wills.about.com/od/howtoavoidprobate/a/insurancebills.htm

Life Insurance for Debt Reduction
Life Insurance for Debt Reduction. How can you pay off debt with the help of insurance policies? If you're willing to pay off debt, but you cannot afford the monthly .
http://www.insurancecalculators.com/life_insurance_for_debt_reduction.htm

Using Life Insurance Coverage to Handle Business Debt
Learn all you need to know about using your life insurance to manage your business debt. Review the advantages and disadvantages of handling debt with life .
http://www.termlifeinsurance.com/life-insurance-handling-business-debt.html

Life insurance to pay off debt
Nov 5, 2008 . When life insurance is used to pay off a loan, it's an exception to the tax-free rule.
http://www.bankrate.com/finance/taxes/life-insurance-to-pay-off-debt.aspx