Your choice depends on your budget, timeframe and investing needs.

Let's address the issue that has divided the insurance industry for decades: Should you buy whole life insurance to "be your own bank," or should you buy term insurance and invest the difference?

Protective Series Passport Simplified Issue Term: Protective also offers a no-exam term life option with its Protective Series Passport Simplified Issue Term. This policy offers up to $250,000 in ...

One of the most common types of life insurance is term life insurance, a temporary kind of policy that covers you for a set period of time, usually five to 30 years. This can be helpful if you want to ...

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 ...

Discover how credit life insurance pays off debts upon a borrower's death, why it's beneficial, and who should consider it. Understand its pros, cons, and alternatives.

Term life insurance expires after a predetermined time frame but, so long as you keep paying your premiums, whole life insurance will always remain in force. That makes it more expensive, but a whole ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

A life insurance policy can provide your family with financial support after you die. Life insurance can help your beneficiaries with funeral costs, mortgage payments and other expenses. Term life ...

Term life insurance locks in your rate and coverage for a specific timeframe. Whole life insurance usually lasts a lifetime and includes a cash value component. Your budget, family needs and financial ...

Term and whole are your two main options when purchasing life insurance. For older adults, though, many assume term life insurance is the only choice. And while its lower price and shorter duration ...