Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

Life insurance can be a complex product, and it’s important to research the options thoroughly before purchasing. Some common ...

Term life insurance is generally the most cost-effective option for covering temporary financial obligations with life insurance, like a mortgage or your child’s college education. The average monthly ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Life insurance can give you peace and security by providing a financial safety net for your loved ones in the event of your death. When you purchase life insurance, you'll have to choose between whole ...

Family life insurance isn’t a single product sold by insurance companies. In some cases, it refers to the ability to purchase additional coverage for family members. In others, it’s a way of conveying ...

Cash value life insurance combines savings with a death benefit; more costly than term insurance. Policyholders can use cash value for loans or withdraws, impacting the ultimate death benefit.