Does coverage continue for incidents occurring before death?

Oct 28, 2024 ... When a person dies, their outstanding debts—like credit cards, mortgages, personal loans, or medical bills—are typically paid from their estate ... Savvy Senior: What happens to your debt when you die? , and Jim Miller, Special to the Citizen. January 8, 2025 . 8:05 AM. 3 min read. Jun 8, 2022 ... Debt belongs to the debtor. If the debtor dies, and their estate doesn't have the money to pay off the debt, the debt is uncollectable and has ... When someone dies in Australia, their debts do not vanish. Instead, these debts become a part of their estate, which is then handled according to the deceased's ... What happens to your debts after you die? The short answer is that they get paid out of your probate estate according to a priority established by Ohio law. May 4, 2020 ... In this article, we'll examine the effects of death and disability concerning credit cards, student loans, mortgage loans, auto loans, and medical bills. Pay any debts or taxes owed by the person who's died. You can then distribute the estate as set out in the will or the law. Jun 17, 2024 ... Typically, if you die with unpaid debts, the responsibility for repaying them is passed to your estate rather than your loved ones. A common misconception is that your credit card debt will be inherited by your spouse or heirs, requiring them to pay off the debt. Nov 25, 2022 ... Death does not do away with debts. However, instead of being personally responsible for your debt, the debt becomes owed by your estate.