Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

These complex products tie cash value growth to the performance of an index, but it’s important to understand the limitations ...

Term life insurance expiring? Discover ways to extend, convert, or renew your policy for ongoing coverage. Ensure financial ...

An integral part of the financial planning process is understanding what your client needs, versus what’s a nice-to-have.

A million-dollar life insurance policy provides a death benefit of $1,000,000 to designated beneficiaries. This payout is typically used to replace income, cover debts, fund long-term expenses, and ...

Life insurance works by providing a financial safety net for your loved ones if you died and were no longer able to provide for them. But before you can decide what type of cover, and how much of it ...

Variable life insurance is a form of permanent life insurance, which is intended to last for a lifetime. As with other forms of life insurance, a variable life policy represents a contract between an ...

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 ...