The IRS continues its war on captive insurance through its annual announcement that microcaptive insurance companies remain on the Dirty Dozen list. Yet, the IRS declines to adhere to a coherent ...

Family life insurance isn’t a single product sold by insurance companies. In some cases, it refers to the ability to purchase additional coverage for family members. In others, it’s a way of conveying ...

Stranger-owned life insurance involves buying a policy on someone you don't know and is generally illegal. Learn why this unethical practice is prohibited and its implications.

An insurance policy is a contract between a policyholder and an insurer that helps the policyholder manage risk and protect against unexpected financial losses. The policyholder may be an individual ...

Learn how retrospectively rated insurance adjusts premiums based on actual losses, the benefits it offers, and how it compares to experience-rated insurance.

Life insurance plays a crucial role in comprehensive financial planning, providing individuals with a safety net in case of unforeseen events such as disability or death. Life insurance companies ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Cash value life insurance combines savings with a death benefit; more costly than term insurance. Policyholders can use cash value for loans or withdraws, impacting the ultimate death benefit.

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives ...