Insurance Center of Durham offers personal and small business insurance in Raleigh and Cary, North Carolina. Life insurance is among the most critical risk management policies available today, and allows people to protect their family's financial future. In case the breadwinner of a family dies, it can be challenging for its remaining members to meet their expenses, including paying for a kid's school or college, managing the daily household expenses, and so on. Moreover, certain types of debt do not go away when a person dies, so their loved ones may have to sell off assets to cover them. Life insurance provides financial compensation to the loved ones of the policyholders, enabling them to pay off essential expenses. These expenses include any debt the policyholder may have left behind, including personal and/or educational loans, mortgage debt, credit card debt, and business debt. When a family is already dealing with the loss of one member, life insurance can help ease some of the financial burdens they may experience along the way.