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 type of permanent life insurance that provides lifelong coverage and includes an investment component that allows the cash value to grow over time. It offers a way to ...

Whole life insurance is permanent insurance with a guaranteed premium, death benefit and cash value growth. It provides a death benefit and a savings component, called cash value, that increases ...

Your choice depends on your budget, timeframe and investing needs.

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 ...

When you initially applied for life insurance, you probably intended for the coverage to serve as a safety net for your family or a legacy for your beneficiaries. Life insurance's primary purpose is ...

How much of your mental energy revolves around how you earn, how you spend, and how you save money? How many times per day do you utter the word “expensive?”? Behind every decision regarding how you ...

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.