This complex product has potential upsides but also risks.

What Is Universal Life Insurance? Universal life insurance offers permanent coverage with a unique twist—flexibility. Unlike other policies that lock you into fixed premiums and set death benefits, ...

Many options are available when planning for retirement. Two popular options are life insurance retirement plans (LIRPs) and indexed universal life (IUL) insurance. Both offer a blend of life ...

What’s the difference between term, whole, and universal life insurance, and how do you know which one fits your ...

If you're looking to combine life insurance protection with the potential for growth, an indexed universal life (IUL) insurance account could be an option. IUL insurance has several benefits, ...

(StatePoint) Life is full of changes, transitions, growth—and sometimes disruptions. September is Life Insurance Awareness Month, making it the perfect time to consider a universal life insurance ...

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 ...

Universal life insurance offers flexibility in premium payments and death benefit adjustments, allowing policyholders to adapt coverage to life’s changing needs. The policy builds cash value, which ...

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 ...