Universal-life insurance was created to address many of the problems associated with whole-life insurance. One problem with whole-life insurance is its lack of flexibility. A second problem with whole life is that it is ...

Whole-life insurance was created to address the problems with term insurance. The biggest problem with term life insurance is that it is purchased for a stated period of time. When the owner buys a whole-life policy, he ...

The term "variable" simply refers to "different investment options." Variable universal-life insurance allows the policy-owner to choose how the cash value is invested. Some variable policies have up to 50 different ...

Term insurance is good way to protect your beneficiary for a limited amount of time. If you are a disciplined saver, buying a term policy and investing the difference between the cost of the term policy and the cost of a ...

A life insurance policy provides a cash payment when a person dies. If you have made the decision to buy a policy, you may wonder which type of policy to choose since there are several different types of policies.

How much life insurance do you need? This publication will help you determine if you need life insurance, and if so, how much you need.

Life insurance pays a death benefit to the stated beneficiary at the death of the insured. When the insured dies, the beneficiary of the policy files an insurance claim. This publication explains several things the beneficiary ...