Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

When someone close to us dies, one of the many things we have to deal with is dealing with their life insurance policy. Often, this means receiving a lump sum payout which can be a lot to handle ...

— -- Money Watch, a personal finance column that runs every Saturday, features a financial planner from the National Association of Personal Financial Advisorsanswering reader questions about ...

Life settlements provide an alternative asset class that is largely uncorrelated with traditional markets, offering diversification and the potential for attractive returns. They can be particularly ...

New York Life is not publicly traded; its ownership is by policyholders, not stockholders. To invest in New York Life, one must purchase its insurance policies or annuities. Although profitable, ...

Consider the case of John Doe, a well-to-do dentist who was advised to invest in a whole life insurance policy instead of paying down his high-interest student loans, contributing to an ...

The insurance industry is currently facing significant challenges, particularly in regions prone to extreme weather events. Recent hurricanes, including Helene and Milton, have caused substantial ...

In this article, we will take a detailed look at the 17 Best Insurance Dividend Stocks To Invest In Right Now. For a quick overview of such stocks, read our article 5 Best Insurance Dividend Stocks To ...

Households in India are now reevaluating their long-term financial strategies because of increasing expenses and economic ...

In an ILIT, the grantor or creator of the trust cannot change the terms or beneficiaries of the trust, just like any irrevocable trust. However, grantors may place one or more life insurance policies ...

There are many financial tools that seniors can leverage. Some build wealth or provide income, while others offer protection for heirs or ensure that end-of-life costs are covered. "Both are valuable ...