There are five main life insurance types to choose from. Here’s a breakdown of what each one covers. Many, or all, of the products featured on this page are from our advertising partners who ...

There are two main types of life insurance: term and permanent. Term life insurance is typically more affordable than permanent life insurance because it is only active within a set period. Most ...

High-risk life insurance is aimed at individuals that insurers classify as having an elevated mortality risk. That assessment ...

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

In its most basic form, life insurance is a contract between the policyholder and an insurance company that provides a cash payout to a named beneficiary if the policyholder dies under covered ...

Permanent life insurance generally provides coverage for your entire life and builds tax-deferred cash value. There are several types of permanent life insurance, including whole life insurance and ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Equitable is known for dependable policy illustrations, which can make it easier to see how your cash value might grow over ...