Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

When someone close to us dies, one of the many things we have to deal with is dealing with their life insurance policy. Often, this means receiving a lump sum payout which can be a lot to handle ...

— -- Money Watch, a personal finance column that runs every Saturday, features a financial planner from the National Association of Personal Financial Advisorsanswering reader questions about ...

Life settlements provide an alternative asset class that is largely uncorrelated with traditional markets, offering diversification and the potential for attractive returns. They can be particularly ...

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 ...

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

The insurance industry is currently facing significant challenges, particularly in regions prone to extreme weather events. Recent hurricanes, including Helene and Milton, have caused substantial ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Though hardly a new concept, the use of cash value life insurance as a tax-advantaged investment for retirement seems to be enjoying a marketing renaissance these days. This particular application of ...

In an ILIT, the grantor or creator of the trust cannot change the terms or beneficiaries of the trust, just like any irrevocable trust. However, grantors may place one or more life insurance policies ...

There are many financial tools that seniors can leverage. Some build wealth or provide income, while others offer protection for heirs or ensure that end-of-life costs are covered. "Both are valuable ...