See the tax advantages and downsides.

Life insurance can address a multitude of life concerns. The death benefit is especially helpful in providing a replacement for lost income to the insured’s family, covering estate settlement costs, ...

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

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

Life insurance is a way to provide financial security for your loved ones in the event of your death. You purchase a policy and make regular payments, and the insurer will pay a tax-free death benefit ...

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

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.

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

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. One of the top benefits of life ...

CHESTERFIELD, MO (September 8, 2025) — iCover Direct announced results of a nationwide consumer survey revealing a significant lack of understanding among life insurance policyholders about their ...

Life insurance offers more than just peace of mind — it provides critical financial protection for your loved ones when they need it most. At the heart of every policy is the death benefit, the payout ...