There are two main types of life insurance: term and permanent. Term life insurance is typically more affordable than permanent life insurance because it is only active within a set period. Most ...

It’s easier to get a policy than it had been in the past, and knowing some key steps can help the process go smoothly ...

Many types of life insurance are available, but not all will fit your financial goals Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior Insurance Editor for Buy ...

A straight life insurance policy is more commonly known as whole life insurance since it’s designed to last the policyholder’s lifetime. The premium does not change and beneficiaries typically receive ...

In its most basic form, life insurance is a contract between the policyholder and an insurance company that provides a cash payout to a named beneficiary if the policyholder dies under covered ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Term life insurance locks in your rate and coverage for a specific timeframe. Whole life insurance usually lasts a lifetime and includes a cash value component. Your budget, family needs and financial ...

Barry Higgins co-authored Building A Better Balance Between Your Business and Your Life and has 15+ years of experience in the insurance industry. Thomas J Catalano is a CFP and Registered Investment ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

Guardian is a good option if you’re looking at universal life insurance. It sells term, whole and universal policies, and its cash value plans (especially universal life) are often competitively ...