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 ...

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

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

If you no longer need a whole life insurance policy, you have options including cashing it in or borrowing against its value.

Learn about the various types of life insurance (term life, whole, universal variable, and final expense) and how to decide which is best for you.

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

a universal life insurance policy or a permanent life insurance policy, you can access its cash value during your lifetime.

This is essentially a fee thrown in to assure the insurance company a profit, even if all those other fees somehow don't. The heavy fees involved with cash-value life insurance can really drag ...

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 ...

Unlike term life insurance, whole life policies cover you for life and let you build savings in a cash value that you can tap for future needs.

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 ...