Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

Life insurance is a policy designed to financially protect your loved ones in the event of your death. Insurance companies pay a set amount of money, called the death benefit, to a designated ...

People often want to know that their family’s financial needs will be met in the event they pass away unexpectedly. The most common vehicle for this is life insurance. But people who research their ...

Your best choice depends on your budget, time frame and investing needs Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance staff writer at Buy Side. Edited ...

Term life insurance is generally the most cost-effective option for covering temporary financial obligations with life insurance, like a mortgage or your child’s college education. The average monthly ...

Most term life insurance policies let you convert to permanent coverage, but the rules vary by company ...

Term insurance locks in rates for a specific period, with low-cost premiums but no cash value. Whole life provides lifelong coverage and a cash value account, but premiums are typically much higher ...