Life insurance usually pays out after someone has died, but cash value policies offer benefits while they’re still alive.

Fact checked by Vikki Velasquez Life insurance provides a safety net for your loved ones when you die. In certain ...

If you have a permanent policy, it could have built-up cash value, giving you the option to terminate your policy for a ...

If you’re one of the 51% of Americans with life insurance coverage, you might consider borrowing against your policy if you ...

For wealthy and ultrahigh net worth clients, the advantages often prove very attractive. But the policies carry some ...

such as a whole life insurance policy, you might be able to go longer without making payments. If your policy has cash value built up, the insurance company will tap into it to cover premium ...

Term life insurance is usually the simplest and cheapest policy you can buy. That's because it's only in force for a set period — generally between 10 and 30 years — and it doesn't have a cash ...

Amy Danise is the managing editor for the insurance section at Forbes Advisor, which encompasses auto, home, renters, life, pet, travel, health and small business insurance. She is a highly ...

Is cash value life insurance taxable? Cash value is often tax-advantaged, but you might pay tax on withdrawals. Click here to ...

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option ...