Life insurance is designed to provide financial protection for your chosen beneficiaries. Term life insurance is generally ...

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 ...

Yes, whole life insurance is a type of permanent life insurance and includes a cash value account with a guaranteed minimum rate of growth. Can the cash value of my whole life insurance policy ...

One of the most important purchases you might make in your lifetime is a life insurance policy. With life insurance, you can ...

To avail a loan against your life insurance policy, first make sure it has adequate cash value. Then, you simply contact your ...

Clients often use life insurance to help heirs cover the capital gains tax on a family cottage or other asset after their ...

Clients can donate both permanent life insurance (including whole life and universal life) and term life insurance to charity, but the donation options differ.

Who's this for? Guardian is one of a few insurers that offer joint life insurance, with the cash value of its EstateGuard plan increasing after the first person dies. Policyholders can add ...

Pacific Life stands out for having both indexed and variable universal life insurance. Plans build cash value early on and can address specific concerns, like supplementing retirement income.

There are a few different types of permanent life insurance, but most have a cash value element that can be withdrawn from or borrowed against while you’re still alive. How to Choose the Best ...

IUL life insurance also allows policyholders to modify their death benefit and adjust or skip premium payments if they have sufficient cash value amounts. Fees and commissions are higher for IUL ...