Term life insurance offers affordable coverage for a set period — here’s how it works and when it makes sense to buy a policy ...

While the mechanics of life insurance may seem straightforward, the implications of naming – or failing to name – a ...

If you have a life insurance policy or are a beneficiary of one, you may be wondering if beneficiaries have to pay taxes on life insurance proceeds. The answer is usually no, but there are exceptions.

Whole life insurance is a form of permanent life insurance, which means the coverage remains in force until you die as long ...

Life insurance is a legal contract. The policyholder controls the policy and the beneficiaries receive the death benefit. The type of life insurance you choose affects cost and whether you’ll ...

The Strategic Power of an ILIT in Estate Planning Estate planning is a maze: It is hard to know what to do and how to do it, and few tools provide the definition and control of an Irrevocable Life ...

Incorrect or unclear beneficiary nominations can significantly impact policy outcomes and incur extra estate costs.