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 ...

The IRS continues its war on captive insurance through its annual announcement that microcaptive insurance companies remain on the Dirty Dozen list. Yet, the IRS declines to adhere to a coherent ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Permanent life insurance will pay a death benefit no ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Variable universal life insurance (VUL) combines the ...

Whole life insurance, by definition, covers you for your entire life, as long as you pay the premiums. It is sometimes referred to as "guaranteed whole life insurance," because companies promise to ...

An insurance policy is a contract between a policyholder and an insurer that helps the policyholder manage risk and protect against unexpected financial losses. The policyholder may be an individual ...

Term life insurance is a policy that offers coverage for a specified number of years. If the insured person passes away within the time frame, their beneficiary receives the death benefit. Term life ...

Basic life insurance is a simple life insurance policy, often offered as part of a benefits package at a company along with group health insurance, paid time off and more. Companies often offer basic ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...