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 ...

The IRS continues its war on captive insurance through its annual announcement that microcaptive insurance companies remain on the Dirty Dozen list. Yet, the IRS declines to adhere to a coherent ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Permanent life insurance will pay a death benefit no ...

Whole life insurance, by definition, covers you for your entire life, as long as you pay the premiums. It is sometimes referred to as "guaranteed whole life insurance," because companies promise to ...

Stranger-owned life insurance involves buying a policy on someone you don't know and is generally illegal. Learn why this ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Most term life insurance is level term, meaning that ...

An insurance policy is a contract between a policyholder and an insurer that helps the policyholder manage risk and protect against unexpected financial losses. The policyholder may be an individual ...

You can't buy a life insurance policy for just anyone. Before an insurance company approves your request to take out life insurance on anyone other than yourself, you must obtain the consent of the ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Life insurance policyholders can typically buy coverage for a spouse or child by adding dependent life insurance coverage to an existing policy. Dependent coverage options vary by company and plan, ...