what happens to your debt if you should die?

What do you mean, his "actual liabilities"?

Also, when my father passed away in 9/06, there were 2 or 3 credit cards that my mother DID NOT have to pay off because he had some sort of "credit assurance" thing with them. This "assurance" stated that if he were to die (and he knew he was sick, he just didn't know how long he had, that's all), my mother would NOT have to pay a dime back. They held up their end of the bargain. This was a blessing to my mother, as she had other bills/debts to deal with, such as paying off the car. My father's retirement afforded her the opportunity to pay off remaining debts. Thank you, Dad...you made mom's life a little easier.

Also, not to be "gruesome", but if someone commits suicide, I believe that can make for a financial mess for the family members who are left to pick up the financial pieces. However, if the person dies during active, military duty, there are "contingencies" there, as well.

I would carefully look into all of these options, to be quite honest with you.