Life insurance usually pays out after someone has died, but cash value policies offer benefits while they’re still alive. With a built-in savings component, these policies let p ...

When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. A benefit to whole and universal life insurance policies is that you can ...

Some permanent life insurance policies have a cash value that accumulates over time. This cash value can provide a financial cushion for your family to pay for emergencies or planned expenses like ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income ...

Who's this for? Guardian is one of a few insurers that offer joint life insurance, with the cash value of its EstateGuard plan increasing after the first person dies. Policyholders can add ...

Life insurance provides financial support to your family in the event of your passing. But this insurance can also offer ...

Children’s life insurance, typically offered as whole life coverage or as an adult policy rider, may or may not be a good ...

It also grows tax-deferred and can build cash value and earn dividends you can use while you're alive. Here are our picks for the best companies for whole life insurance. (See our methodology ...

Picking the right life insurance can feel like a puzzle for a lot of folks. Term life insurance and whole life insurance each ...

Is cash value life insurance taxable? Cash value is often tax-advantaged, but you might pay tax on withdrawals. Click here to learn about taxes on cash value.

Some life insurance policies accumulate cash you can use while you're alive. Here are ways your families can use this benefit plus a few things to watch out for.

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about ...