Life Insurance

A guide on how to buy life insurance: what it is, when you should buy it, how much coverage you need, how to choose a policy, where to buy, and costs.

There are several life insurance nonforfeiture options typically available to holders of permanent life insurance, long-term disability and long-term care contracts.

Life insurance provides important protection when a policyholder dies, and a beneficiary will receive the death benefit (upon proof of a death certificate). You sign up for a plan with a provider and make some regular payments for the plan.

The best life insurance companies offer the coverage you need for a price you can afford. Find out which companies made our ranking in terms of their financial strength, ratings, reviews, and customer experience.

When shopping for life insurance, there are two main types to consider: term and whole life insurance. Learn the differences and see which is right for you.

A waiver of premium rider is one way to customize your life insurance policy to provide the coverage and protection you may need if you experience a disability.

Accidental death and dismemberment insurance protects your family financially in the event of a severe or deadly accident. Learn more.

Life insurance riders let you upgrade your life insurance policy for an additional cost. Find out about the most popular riders in this comprehensive guide.

Life insurance and AD&D policies are usually purchased to provide a death benefit in case of death, but there are meaningful differences in their coverage.

Supplemental life insurance is a type of life insurance that is offered by employers. Find out how this coverage works and who it's best for.

What are the largest life insurance companies? Life insurance has been around for a long time. Here are 15 top companies with the highest market shares.

Guaranteed issue life insurance provides you with “no questions asked” coverage when you don’t want to discuss your health history or undergo a medical exam.

Thinking about permanent life insurance? Learn the differences between whole life and universal life insurance to choose the one that’s right for you.

Thinking about getting voluntary life insurance from your employer? Here's how much it costs, how it works, and what to ask before you buy a policy.

Life insurance is an important part of financial planning. It ensures you don’t leave your family burdened with all the financial responsibility you helped carry while living.

There's a number of life insurance policies, read more about how each policy differs and which may be the best fit for your you.

Most life insurance policies are owned by the insured person, but some policies are owned by someone else. We share how that works and common reasons why.

Single-premium life insurance is a type of policy requiring just one lump-sum payment of premium at coverage inception.

Term life and permanent life are the two main types of life insurance. Here's how these policies differ in terms of price, coverage, and duration.

Permanent life insurance stays in effect until your death, pays a death benefit, and has a cash value feature to help you save money. There’s no set term of years. Hence the label “permanent”.

Cash value life insurance provides financial protection for your family, along with a savings tool you can access while living. Learn more.

Universal life insurance offers flexible coverage, but it has downsides. Read our guide to universal life insurance, and see if it's the right option for you.

Life insurance medical exams help companies determine your eligibility for coverage as well as how much you'll pay. Find out what to expect and the steps you can take to improve your results.

No-medical-exam life insurance is an option that allows you to buy a policy without having that medical exam. Instead company may ask you to do a much simpler questionnaire about your health, while relying on your medical records to inform their underwriting assessment.

Simplified issue life insurance doesn't require a medical exam and has no waiting period. Learn more about this type of coverage to see if it's right for you.

Variable universal life (VUL) insurance lets consumers secure a death benefit with an investment component. Find out who this type of permanent coverage is best for and how it works.

Life insurance usually isn't taxable, but there are exceptions. Find out when life insurance money is subject to taxes and how you can avoid them.

An irrevocable life insurance trust (ILIT) can protect generational wealth by sheltering a life insurance policy’s death benefit from estate taxes. Learn more.

Group term life insurance is a common benefit offered to employees. Find out how this coverage works and why it's best used as supplementary coverage to your own life insurance policy.

Life insurance typically covers suicide, but there are some limitations. Here's what you need to know about the life insurance suicide clause.

Whole life is a form of insurance that provides both a death benefit and a savings component that can add flexibility to your financial portfolio.

This article discusses the tax deductibility of life insurance. While there are certain exceptions, the general answer is no – however there are a number of significant tax advantages from life insurance.

Life insurance policies are one of a person's largest assets. It is possible to sell your policy to receive cash now versus waiting until you pass away.

While it is possible to have multiple life insurance policies at the same time, your income and debts may also be covered by a single policy.

Indexed universal life (IUL) insurance provides financial security to your family while earning you money based on stock market performance. Learn more.

A contingent beneficiary is a person who receives assets from your estate should your primary beneficiary die before you do or be unreachable upon your death.