Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you’re still alive, to pay for necessities now?

When it comes to making insurance decisions, seniors have multiple factors to weigh that may not be as important for those in younger demographic groups. Cost is often at the top of the list, as many ...

Protective, Pacific Life, Penn Mutual and Nationwide are the best life insurance companies for seniors among the insurers in our analysis. They provide competitive costs and coverage options for ...

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Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

Term life insurance provides a death benefit to beneficiaries for a specified term, such as 10, 15, or 20 years. Learn about ...

Most term life policies don’t pay out — and that’s a good thing. Here’s what to consider as your coverage ends and whether it ...