If your life insurance beneficiary dies before you, the payout may go to a contingent beneficiary or your estate, depending on how you set up the policy. You can choose how death benefits are ...

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

A joint life insurance policy covers two people with one death benefit. These policies are usually permanent life insurance ...

Life insurance is a necessity if you have immediate family or others that count on your income. However, choosing a policy that fits your financial goals and is affordable can be challenging. It helps ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Life insurance is something that many of us don’t really ...

An untold number of life insurance policies worth millions of dollars go unclaimed every year because loved ones either fail to file a claim or the policy itself is lost or forgotten. When a family ...

Should you name your living trust as the beneficiary of your life insurance policy? Is it better to name specific individuals as direct beneficiaries? This decision can have significant implications ...