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 ...

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 ...

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 ...

Understanding the basics of how life insurance works can go a long way toward helping you make a good decision about what type of life insurance to buy. Written By Written by Insurance Senior Editor, ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Yasmin Ghahremani is a full-time Associate Editorial Director at Investopedia, ...

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

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Term life insurance expires after a predetermined time frame but, so long as you keep paying your premiums, whole life insurance will always remain in force. That makes it more expensive, but a whole ...

Did you know that you have a nearly 70% chance of needing some form of long-term care at some point in your remaining years when you turn 65? Unfortunately, that care can be costly. That's where ...

Many financial advisors assert that anyone with any fiscal responsibility for loved ones must get life insurance. This is because, should you die, life insurance will be a safety net for those left ...