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Life insurance

What is Life Insurance?

Life insurance is intended to cover funeral expenses and help protect against financial trauma that could result from the death of a family member. A named beneficiary receives the proceeds from a life insurance policy (aka "death benefit") upon...

How Much Life Insurance Do I Need?

My husband and I each got $500,000 life insurance term policies after our second child was born. We both work, though I am an entrepreneur so my income fluctuates. His friends have told him their wives have no life insurance or only a small...

What's the Difference Between Term and Permanent Life Insurance?

  Plan D You shudder to think about dying. But imagine if you died suddenly—and left your family with no financial cushion? "That's why life insurance should be at the top of your To Do list—but it isn't, because it makes you think about things...

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