You need life insurance, but you also need to be able to afford it. Though there’s a common misconception that life insurance is expensive, the average monthly cost of a 30-year term life policy is ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

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Cheap life insurance isn't out of reach, especially if you're healthy. Because rates are more affordable when you’re younger, you want to compare rates from several insurers and apply as soon as you ...

Cheap life insurance isn't out of reach, especially if you're healthy. Because rates are more affordable when you’re younger, you want to compare rates from several insurers and apply as soon as you ...