Here are the best term life insurance companies. Our picks include Pacific Life, State Farm, Haven, ... For example, if a dependent develops serious medical issues and will need ongoing care, ...

Term life insurance is a type of temporary life insurance coverage that is available in different term ... For example, if you have a $1 million term policy and die while it is in force, ...

Short-term life insurance is a type of term life insurance for people who need coverage for a short period. ... For example, Haven Life offers a five-year term life option with its Haven Simple ...

A whole life insurance plan, for example, can cost more than ten times as much as a term life policy for the same amount of coverage. Subscribe to the CNBC Select Newsletter! Money matters — so ...

For example, a policyholder with a $500,000 term life insurance policy might choose to convert $250,000 into a permanent policy, retaining the remaining $250,000 as term insurance.

For example, if you have young children, a 20-year term insurance policy should be able to keep you covered until they can rely on their own income. Bottom line ...

In this example, you should estimate a life insurance need of $1.45 million. ... Term life insurance. A term life policy expires after a set number of years (typically between 10 and 30).

Decreasing term life insurance is one type of life insurance among a wide range of choices. ... For example, iIf you purchase a decreasing term policy for 20 years to cover a mortgage, ...

In our sample, a 40-year-old woman in good health who is a nonsmoker may pay $17.84 per month for a 20-year, $250,000 term life insurance policy. But a whole life policy with similar coverage may ...

A whole life insurance policy could be valuable for some seniors. Getty Images/iStockphoto Term and whole are your two main options when purchasing life insurance.. For older adults, though, many ...