Typically, life insurance is understood as a means of financial protection for dependents following the policyholder's death. However, certain policies offer support during the policyholder's lifetime ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Life insurance provides financial security for designated beneficiaries when a policyholder dies, but some policies offer living benefits that can be valuable before their death. For example, some ...

See the benefits and limitations, plus a cost analysis.

Should you name your living trust as the beneficiary of your life insurance policy? Is it better to name specific individuals as direct beneficiaries? This decision can have significant implications ...

Most people buy life insurance for one reason — to make sure their loved ones are taken care of financially if the insured passes away. But did you know some life insurance policies can actually ...