Life insurance offers a combination of benefits when you pass away and while you're still alive. These benefits can have long-lasting impacts for your family, too.

Life insurance payouts are also called death benefits and are paid out when the insured passes away. Those receiving the payout are called beneficiaries, and can be a single person, multiple persons ...

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 ...

Not everyone needs life insurance. But if you have a spouse, children, or any other family member who depends on your income, ...

Roughly half of Americans have life insurance. Fewer people own policies that will last beyond their current jobs. Is that a ...

Final expense insurance is a life insurance policy designed to cover end-of-life costs. You can get approved easily, but the death benefit is typically smaller.

When beneficiaries receive a payout from a life insurance policy, they typically don't have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable ...