Cleanup Fund

Definition of "Cleanup fund"

Lori  Penisse
  Dennis Realty

Component of necessary coverage determined by the "needs approach" to life insurance for a family. It is intended to cover last-minute expenses as well as those that surface after the death of an insured, such as burial costs, probate charges, and medical bills.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ