If your financial situation changes or you urgently need money, you might consider cashing out your life insurance policy. This means ending the policy before it matures. Instead of the full payout ...

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Life insurance is an essential financial tool that provides protection and financial security to your loved ones in case of your death. By purchasing this type of policy, you're ensuring that your ...

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...

Transfers of property after June 30, 1969 in connection with the performance of services are governed by IRC Section 83. For transfers before February 13, 2004, Treasury Regulation Section 1.83-3(e) ...

・The Gerber Grow-Up® Plan is a whole life insurance policy that builds cash value over time, often sold as a way to pay for college. ・Families can access the policy’s cash value through loans, ...

If you have life insurance but no longer need the coverage, or you are looking for ways to make some cash, you may be wondering if you can sell your life insurance policy. Fortunately, selling a life ...

Learn how whole life works, the types of policies and who can benefit from this permanent life insurance Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance ...

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, ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...