The future is uncertain and can't be predicted, but you can make backup plans, especially when it comes to life insurance. With whole life insurance, you and your family are protected for the rest of ...

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 ...

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 ...

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

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 generally provides coverage for your entire life and builds tax-deferred cash value. There are several types of permanent life insurance, including whole life insurance and ...

Whole life insurance is a form of permanent life insurance, which means the coverage remains in force until you die as long ...

Taking out a life insurance policy can be a great gift to your family, such as if you want to leave them with money after you're gone. Some life insurance types can also provide benefits like building ...

If you're shopping for life insurance, a term life policy may be the right fit: Usually, it's the most affordable option and it provides coverage for a set number of years. So, for example, you'll be ...

When you're in your 70s, there are many items you may prefer to focus on besides finances and insurance types. But in today's unique economy, in which many seniors find themselves living on a limited ...

Joint life insurance is a type of life insurance that covers two people. The death benefit is paid after the first person dies or after both people die. Many, or all, of the products featured on this ...

Life insurance can provide valuable financial security for loved ones when you die. However, there are many different types – and all with different features and benefits. Getting the right type of ...