See the tax advantages and downsides.

This complex product has potential upsides but also risks.

Cash value life insurance is a type of permanent life insurance that uses your monthly premiums to build value within the policy. Cash value life insurance combines the benefits of life insurance with ...

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

Whole life insurance is a form of permanent life insurance, which means the coverage remains in force until you die as long as you pay your premiums.

What’s the difference between term, whole, and universal life insurance, and how do you know which one fits your ...

Principal, Pacific Life and Symetra are the top life insurance companies in our evaluation. These companies scored well for ...

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

The decision to purchase life insurance is often a simple one when you have loved ones who depend on your income. After all, it's important to ensure that your family has what it needs financially ...

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. If you’re in the market for a life ...

Unfortunately, the SECURE Act of 2019 made it more difficult for the beneficiaries of IRAs and other retirement accounts to ...

Cash value life insurance combines lifelong coverage with a savings component. The savings accumulate over time and can be accessed through loans or withdrawals. Premiums for cash value life insurance ...