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

Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

It works like this: you sell your life insurance policy to a third party, receiving more than the cash surrender value (CSV) ...

Inflation has been hard on many Americans, but perhaps none more so than seniors living on a fixed income. The financial sting may hit even harder for retirees who can't offset inflation with wage ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is currently the senior insurance editor for Investopedia. He oversees the ...

"I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying for a policy we may never use. Is long-term care insurance worth it?" ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...

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 ...

There are two key factors you need to consider when deciding whether long-term care insurance is a good decision.

Learn more about Supplemental Life Insurance and if it works for you ...

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.