Term and whole are your two main options when purchasing life insurance. For older adults, though, many assume term life insurance is the only choice. And while its lower price and shorter duration ...

See the tax advantages and downsides.

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 ...

Many term life policies let you switch to permanent coverage, like whole life or universal life, without undergoing a medical exam. Your conversion window won’t stay open forever, so grab your policy ...

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 ...

Term life insurance locks in your rate and coverage for a specific timeframe. Whole life insurance usually lasts a lifetime and includes a cash value component. Your budget, family needs and financial ...

If you’re shopping for a life insurance policy, you’ve probably seen term and whole life insurance policies. The biggest ...