Home insurance provides coverage for the contents of a home in the event that damage occurs. Also referred to as homeowner's insurance, the level of coverage can vary based on the plan but generally speaking the goal is to protect contents of the home. Also, home insurance can protect the home owner from personal liability related to injuries that may occur on the property. An executor plays a key role in safeguarding the assets of the estate and therefore details of home insurance coverage (value covered, period of the plan, monthly fees) are very important to understand.
What you need to know
What to do when a loved one dies
When people die, they leave behind a life that must be closed out. Don't tackle it all alone. From planning the funeral to tackling the legal & financial estate, here's an ultimate checklist of all the things an executor needs to do following the loss of a loved one.
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