Can you use life insurance to pay mortgage?

Can you use life insurance to pay mortgage?

Does life insurance pay off a mortgage? Life insurance like term life or whole life insurance can be used to pay off a mortgage. Your beneficiary will be able to spend the death benefit as they see fit, whether that’s paying off a mortgage, paying down student debt, credit cards, medical expenses or any other needs. May 20, 2020

See also  How do I access my Computershare account?