Getting life insurance is a good idea, especially if you have a spouse or kids. But choosing the right life insurance policy for your family can be confusing, especially with dozens of types of ...

Term life insurance is usually the simplest and cheapest policy you can buy. That's because it's only in force for a set period — generally between 10 and 30 years — and it doesn't have a cash value ...

A life insurance policy offers a financial safety net for your family through regular premiums in exchange for a lump sum payment upon your death. Life insurance is a contract where you pay regular ...

Find out more about its costs and coverage options.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

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 ...

Most term life policies don’t pay out — and that’s a good thing. Here’s what to consider as your coverage ends and whether it ...