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 ...

As always, life insurance has been a part of financial planning. It gives you peace of mind because you are assured that if something happens to you, your family will be financially taken care of.

Life insurance offers valuable financial protection and peace of mind for policyholders of all ages, ranging from younger generations to new parents to even older adults and seniors. That latter group ...

Life insurance is commonly purchased to provide financial support for the policyholder’s loved ones in the event of an untimely passing. It acts as a legacy planning tool that can provide funds for ...

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 ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

Group life insurance covers a number of people under a single policy. It's usually offered through a job, union or other professional association and provides much less coverage than a policy you'd ...

If you’re reading this, you’re probably asking yourself, “Can I sell my life insurance policy for cash?” Let’s dive into why you might want to do this, along with the pros and cons. When you purchase ...

There are a lot of important decisions to make leading up to retirement. Not only do you need to decide which investments and savings goals align with your financial plan, but you also need to make ...