Michelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a ...

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

Term life insurance is usually the simplest and cheapest policy you can buy. That's because it's only in force for a set period — generally between 10 and 30 years — and it doesn't have a cash value ...

Yes, whole life insurance is a type of permanent life insurance and includes a cash value account with a guaranteed minimum rate of growth. Can the cash value of my whole life insurance policy ...

Long-term care (LTC) is an insurance policy add-on that can help pay for certain long-term care costs that health insurance, Medicare and Medicaid don't cover. That could include anything from ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

The market for life insurance for seniors is estimated at $1.83 billion in 2025 and is expected to rise to $1.9 billion in 2026. Buying life insurance can be an important financial strategy for ...