Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Learn how to calculate the face value of a life insurance policy and discover factors that might influence changes in this value for your beneficiaries.

Life insurance policies are financial contracts between an individual and an insurance company. These policies provide a death benefit, a predetermined amount of money, to the beneficiaries upon the ...

During the recently concluded 2022 National Council of Insurance Legislators (NCOIL) Summer National Meeting in Jersey City, NJ, the organization unanimously adopted a Resolution Identifying Certain ...

Please note: This item is from our archives and was published in 2005. It is provided for historical reference. The content may be out of date and links may no longer function. here’s a new philosophy ...

Reduced paid-up insurance is a nonforfeiture option that whole life insurance companies provide to their policyholders. If you own a whole life policy, the reduced paid-up option allows you to give up ...

Life insurance is an essential financial tool that provides protection and financial security to your loved ones in case of your death. By purchasing this type of policy, you're ensuring that your ...

When it comes to evaluating existing life insurance policies that have outlived their original intent, policyowners and their professional advisors are often stuck in stasis, a condition of inactivity ...

Life insurance is one of the first investments that many people make when solidifying their financial future. There are a lot of terms that are unique to life insurance, and some can be confusing. If ...