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Many types of life insurance are available, but not all will fit your financial goals Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior Insurance Editor for Buy ...

In its most basic form, life insurance is a contract between the policyholder and an insurance company that provides a cash payout to a named beneficiary if the policyholder dies under covered ...

Life insurance offers valuable financial protection for loved ones in the event of your death. But there are a number of options when it comes to which type of policy to choose. Knowing the main ...

There are two main types of life insurance: term and permanent. Term life insurance is typically more affordable than permanent life insurance because it is only active within a set period. Most ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Yasmin Ghahremani is a full-time Associate Editorial Director at Investopedia, ...

Find out more about its costs and coverage options.

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 ...

Casey Bond is a seasoned personal finance writer and editor. In addition to Forbes, her work has appeared on HuffPost, Business Insider, Yahoo! Finance, MSN, The Motley Fool, U.S. News & World Report, ...