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	<title>New answer on: What Is Life Insurance Money For?</title>

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		<title>By: Peggy Mace</title>

		<link>https://www.insurancelibrary.com/life-insurance/what-is-life-insurance-money-for</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sun, 21 Jul 2013 14:54:25 +0000</pubDate>

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		<description><![CDATA[Life insurance money is for carrying on one&#039;s financial responsibilities beyond death. Sometimes, it is is to bring an endeavor to completion (such as raising your child to adulthood). Sometimes, it is to provide funds for a transition (such as key person insurance gives the business time to replace you). Sometimes, it is to distribute what you have accumulated during your life, to what is important to you, after your death (such as leaving money to a charity or heirs). ]]></description>

		

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		<title>By: David Racich</title>

		<link>https://www.insurancelibrary.com/life-insurance/what-is-life-insurance-money-for</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Sun, 21 Jul 2013 01:43:51 +0000</pubDate>

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		<description><![CDATA[Life insurance proceeds protect the beneficiaries from economic harm if the policy insured dies. Death benefit proceeds can pay off debt, including a mortgage, fund future obligations like child education or fund charitable organizations. It can even replace the income of the insured and fund a retirement for the beneficiaries.]]></description>

		

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