No one likes to think about the day when they or their loved ones will die, but it’s an important part of your finances. Life insurance can help to ease any concerns about what will happen financially ...

What Is Universal Life Insurance? Universal life insurance offers permanent coverage with a unique twist—flexibility. Unlike other policies that lock you into fixed premiums and set death benefits, ...

Discover the differences between permanent and term life insurance, including coverage duration, benefits, and costs, to determine which policy suits your financial goals.

Indexed universal life insurance is a type of UL that has flexible premiums and death benefits. The cash value grows based on a portion of an index’s returns, and the policies have a floor, so the ...

Life insurance is a contractual agreement between an individual (the policyholder) and an insurance company. Under the ...

When it’s time to get life insurance, you need to understand your options. Both term insurance and permanent life insurance pay death benefits to a beneficiary but with some important differences in ...

Universal life insurance offers flexibility in premium payments and death benefit adjustments, allowing policyholders to adapt coverage to life’s changing needs. The policy builds cash value, which ...

Find out more about its costs and coverage options.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Life insurance is designed to ...

This benefit is no longer available for new enrollments effective 01/01/2023. Universal life insurance is often called 'permanent life insurance'. As long as you continue to pay premiums, you can keep ...