Commissions do not affect our editors' opinions or evaluations. Cash value life insurance combines life insurance coverage with a savings component. Only a portion of your premium payments goes ...

Life insurance can be more affordable and convertible than you may assume. People who may need life insurance don’t ...

When most people buy a life insurance policy, they file it away hoping to never need it. But, if you have cash value life insurance policy, such as whole life, universal life or variable universal ...

Regular reviews can determine whether a life insurance policy is performing according to expectations and meeting the ...

This legislation mandated insurers to repurchase life insurance policies at a predetermined cash surrender value. On the contrary, another view on surrender value states that policyholders should ...

For high-income individuals grappling with these issues, a specially designed life insurance policy may be the answer. This financial strategy utilizes a high cash value life insurance policy to ...

A portion of the premiums paid for a whole life insurance policy go toward building cash value. When you buy a policy for a child vs. an adult, a bigger portion of the premium will go toward the ...

Costs more than term life insurance Can be more complicated than term life insurance Reduced death benefits if the cash value component is withdrawn Whole life insurance provides coverage for the ...

Some life insurance policies do more than protect your family's future—they can also provide financial flexibility during your lifetime.

Specifically, these include life insurance that has cash value, group life insurance, life insurance distributed in installments or directly to an estate. The following situations can have ...

In addition to death benefits, permanent life insurance features the ability to build cash value on a tax deferred basis and serve as an investment vehicle. Learn More Term vs. Whole Life ...

Don't let your life insurance policy become a dead asset. Explore life settlements, a little-known option to turn your unwanted coverage into a substantial cash payout. You may be surprised to ...