Many could benefit from buying life insurance at this age. Here's what to consider before signing on the dotted line.

A $1 million policy might be more affordable than you think.

Whole life insurance is permanent insurance with a guaranteed premium, death benefit and cash value growth. It provides a death benefit and a savings component, called cash value, that increases ...

Term life insurance provides a death benefit and no cash value savings feature. It is the least expensive way to get life ...

LIFE INSURANCE COMES IN three flavors. Term insurance offers plain-vanilla protection at a low cost. Then there's whole life, which has a savings component. A third type, the return of premium, is ...

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 ...

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 ...

You have a family to protect, a legacy to leave, or both, and you know a life insurance policy can help you do that. But with so many coverage options, it can be hard to choose. There are two main ...

Let's address the issue that has divided the insurance industry for decades: Should you buy whole life insurance to "be your own bank," or should you buy term insurance and invest the difference?

Term life insurance locks in your rate and coverage for a specific timeframe. Whole life insurance usually lasts a lifetime and includes a cash value component. Your budget, family needs and financial ...

Total new life annualized premiums set a record of $15.9 billion last year, according to LIMRA’s retail life insurance sales survey. This marked the fourth consecutive year of record premiums.