Life insurance is one of the most powerful financial tools available, yet many people misunderstand its benefits, costs, and potential pitfalls. This article explores key insights on choosing the ...

Learn how vanishing premiums in life insurance use policy dividends to pay premiums, and explore key considerations to avoid common financial pitfalls.

Understanding the basics of how life insurance works can go a long way toward helping you make a good decision about what type of life insurance to buy. Written By Written by Insurance Senior Editor, ...

Understanding how and why insurer make decisions could improve your chances of getting the policy and price you want Written By Written by Insurance Writer, Buy Side John is a staff writer at Buy Side ...

Indexed universal life insurance (IUL) is a type of permanent life insurance designed for people who want lifelong coverage, adjustable premium payments and the ability to choose how their policy’s ...

Simplified issue life insurance is designed for adults in need of coverage quickly and people with health issues that may prevent them from obtaining other types of life insurance. Applicants must ...

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 ...

If you’re shopping for a life insurance policy, you’ve probably seen term and whole life insurance policies. The biggest difference between these policies is the period of time the policy holder is ...

Discover how insurance proceeds work, learn their tax implications, and find out what you need to know about claim processes and financial indemnifications.

Group life insurance covers a number of people under a single policy. It's usually offered through a job, union or other professional association and provides much less coverage than a policy you'd ...

If your employer offers life insurance, it’s likely a basic policy that covers a minimal amount — often just enough to handle short-term expenses. Supplemental life insurance, however, allows you to ...

Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than 20 years' experience as a print and digital journalist, including with Australian Associated Press (AAP) and The Sun ...