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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 ...

Term life insurance offers more affordable coverage than whole life. However, it only lasts for a limited number of years, and it doesn't provide the tax-free savings component that whole life does.

When you apply for most types of life insurance, there is no guarantee you will be accepted – at least not at an affordable premium. That’s because the life insurance provider might determine that you ...

The benefits of being self-employed can include the flexibility to work when and where you want to generate your own income. On the flipside, perks available to many employees, such as employer ...

Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose your ...

It indicates an expandable section or menu, or sometimes previous / next navigation options. What is cash value? Types of cash value life insurance Benefits of cash value life insurance Considerations ...

Term and whole are your two main options when purchasing life insurance. For older adults, though, many assume term life insurance is the only choice. And while its lower price and shorter duration ...

Listen and subscribe to Financial Freestyle on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. It's estimated that only 51% of Americans have invested in life insurance policies, ...

Insurance of any kind is a grudge purchase, and perhaps life and dread disease even more so because death, or being permanently incapacitated and unable to work, is not a pleasant thought. Yet, either ...

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 ...

Getting life insurance usually requires a medical exam so your provider gets a clearer picture of your health status. But some policies don't require an exam, including group life insurance and burial ...