Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The primary purpose of life insurance ...

If you are the beneficiary of a life insurance policy, the payout — known as a death benefit — is typically tax-free. There are some exceptions, however. Here's what you need to know about your tax ...

A different situation exists where, because of the insurance company’s insolvency, the policy owner receives less than the stated cash surrender value. In this case, the difference between the amount ...

At this time of the year, seniors, life insurance agents, financial advisors and accounting professionals find themselves immersed in the intricacies of tax preparation. Amid this financial journey, ...

Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...

Life insurance provides protection and financial security to individuals and their loved ones. It serves as a contract between the policyholder and the insurance company. The policyholder pays ...

When considering insurance policies or investment products, it's essential to understand the fees and charges involved. One such cost is the surrender charge, which can have a significant impact on ...

Discover the differences between permanent and term life insurance, including coverage duration, benefits, and costs, to determine which policy suits your financial goals.

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Under a split-dollar life insurance arrangement, a third ...