This complex product has potential upsides but also risks.

Might some of your single clients unknowingly need life insurance? Yes. “One typical reason young people (in their 20s and 30s) buy life insurance is to protect their insurability,” says Ronald Klein, ...

Universal life insurance offers flexibility in premium payments and death benefit adjustments, allowing policyholders to adapt coverage to life’s changing needs. The policy builds cash value, which ...

These policies offer flexible premiums and death benefits and several investing options, but understand what you’re buying to avoid surprises Written By Written by Insurance Staff Writer, WSJ | Buy ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Indexed universal life is a lot of things, depending on who you are talking to. An indexed universal life insurance policy is a multipurpose product that helps beneficiaries accomplish a variety of ...

What Is an Insurance Premium? An insurance premium is the amount of money an individual or business pays to an insurance company for coverage against specific risks or losses. Premiums are typically ...

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 ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. If you’re in the market for a life ...