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 ...

LIFE INSURANCE COMES IN three flavors. Term insurance offers plain-vanilla protection at a low cost. Then there's whole life, which has a savings component. A third type, the return of premium, is ...

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

Let's address the issue that has divided the insurance industry for decades: Should you buy whole life insurance to "be your own bank," or should you buy term insurance and invest the difference?

I’ve heard countless financial “experts” bash whole life insurance as one of the worst investments you can make. They point to high premiums, cash value funding, and commission-hungry salespeople as ...

Life’s biggest milestones bring both excitement and new financial responsibilities. From getting married to starting a family, clients look to their trusted advisors not only for financial insights ...

You have a family to protect, a legacy to leave, or both, and you know a life insurance policy can help you do that. But with so many coverage options, it can be hard to choose. There are two main ...

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 ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial ...

Consider the case of John Doe, a well-to-do dentist who was advised to invest in a whole life insurance policy instead of paying down his high-interest student loans, contributing to an ...