Term life insurance is generally the most cost-effective option for covering temporary financial obligations with life insurance, like a mortgage or your child’s college education. The average monthly ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

Roughly half of Americans have life insurance. Fewer people own policies that will last beyond their current jobs. Is that a ...

Most term life insurance policies let you convert to permanent coverage, but the rules vary by company ...

Many term life policies let you switch to permanent coverage, like whole life or universal life, without undergoing a medical exam. Your conversion window won’t stay open forever, so grab your policy ...

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 ...