There are five main life insurance types to choose from. Here’s a breakdown of what each one covers. Many, or all, of the products featured on this page are from our advertising partners who ...

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 ...

GREENSBORO, N.C. — Life insurance is a financial safety net that steps in when you no longer can. It helps your loved ones cover large expenses like mortgages, college tuition, and replacing your ...

Life insurance policies can vary enormously and the jargon surrounding the industry is not always the easiest to understand.

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 ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Two common types of life insurance, term life insurance and whole life insurance, can be useful coverage for many people. However, term and whole life insurance function very differently. Term life ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

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 ...