There are two main types of life insurance: term and permanent. Term life insurance is typically more affordable than permanent life insurance because it is only active within a set period. Most ...

Many types of life insurance are available, but not all will fit your financial goals Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior Insurance Editor for Buy ...

Two common types of life insurance, term life insurance and whole life insurance, can be useful coverage for many people. However, term and whole life insurance function very differently. Term life ...

Life insurance offers valuable financial protection for loved ones in the event of your death. But there are a number of options when it comes to which type of policy to choose. Knowing the main ...

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

In its most basic form, life insurance is a contract between the policyholder and an insurance company that provides a cash payout to a named beneficiary if the policyholder dies under covered ...

Whole life insurance, sometimes called permanent life insurance, is one of two types of life insurance available — the other being term life insurance. Unlike term life policies, which last for a ...

Insurance can be a cost-effective way to protect yourself financially from expensive issues like a house fire, car accident or serious health condition. Understanding the different types of insurance ...