Whole life insurance has a cash value account that earns interest that you can then access. ... They also offer level premiums, meaning your monthly payments will remain the same.

Term life insurance policies can cover nearly any length of time and will stay in effect for the entire period, as long as you continue to pay the premiums, usually on a monthly or annual basis. Term ...

Cash value life insurance combines savings with a death benefit; more costly than term insurance. Policyholders can use cash value for loans or withdraws, impacting the ultimate death benefit ...

Variable universal life insurance (VUL) offers flexibility, but it also comes with investment risk. Find out if this type of life insurance is right for you.

Group life insurance is often included as an employee benefit, ... (YRT) life insurance policies — meaning, if you're still with the company after 12 months, your employer can extend coverage.

Term life insurance provides coverage for a set period of time, typically from five to 30 years. ... Most term life policies have level terms, meaning the death benefit and premiums don't change.

Whole life insurance can be an excellent choice, particularly if you want a policy that lasts your entire life and provides some fringe financial benefits. But its high premiums mean it isn't for ...

Whole life insurance, by definition, covers you for your entire life, as long as you pay the premiums. It is sometimes referred to as "guaranteed whole life insurance," because companies promise to ...