There are two main types of life insurance: term life insurance and permanent life insurance. Term life insurance lets you lock in rates and coverage for a specific period of time. When all other ...

Choice is a good thing, but it does mean that you’ll have to understand the options before you can decide on the type of life insurance that best fits your needs. There are two main types of ...

There are several types of term life insurance. The best option will depend on your individual circumstances. Generally, most companies offer terms ranging from 10 to 30 years, although a few ...

The most common type is term life insurance. These plans provide a death benefit that will pay beneficiaries over a specific period of time. Once the term expires, you can either renew it ...

They can be complex. Universal life insurance is a type of permanent life insurance that allows you to adjust your premium payment amounts (within specific parameters). There are a few types of ...

In general, if you die due to natural causes, an illness, or an accident, your designated beneficiaries will get the life insurance payout. Here's a quick rundown of the types of deaths that are ...

Life insurance retirement plans (LIRPs) are a tax-deferred way to save up money for retirement. Learn how they work and why ...

When it comes to life insurance, it seems that a lot of people are in the dark about just how affordable it can be. In fact, ...

Cash value life insurance shouldn’t be your first investment choice — first maximize other savings options like IRAs and 401(k)s. Life insurance with a cash value component could be worthwhile ...

One of the questions on a life insurance application is whether you smoke or not, as well as the type of tobacco products you use. Since smokers have a higher mortality rate than non-smokers ...

There are five main types of life insurance to choose from. Here’s a breakdown of what each one covers. Many, or all, of the products featured on this page are from our advertising partners who ...

If you have dependents, life insurance is crucial to protect your loved ones from financial hardship if you pass away. There ...