See the tax advantages and downsides.

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

Cash value life insurance is a type of permanent life insurance that uses your monthly premiums to build value within the policy. Cash value life insurance combines the benefits of life insurance with ...

Life insurance is an essential financial tool that provides protection and financial security to your loved ones in case of your death. By purchasing this type of policy, you're ensuring that your ...

During the recently concluded 2022 National Council of Insurance Legislators (NCOIL) Summer National Meeting in Jersey City, NJ, the organization unanimously adopted a Resolution Identifying Certain ...

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

Life insurance is one of the first investments that many people make when solidifying their financial future. There are a lot of terms that are unique to life insurance, and some can be confusing. If ...