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 ...

There are two main types of life insurance: term and permanent. Term life insurance is typically more affordable than permanent life insurance because it is only active within a set period. Most ...

Find out more about its costs and coverage options.

Life insurance is about protecting your family financially. While money can’t replace you, it’s important to have the right amount of insurance to replace your income and help cover family obligations ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

Discover how mortgage life insurance can protect your home, its benefits for families, and essential considerations when ...

See New York Life's financial strength and history of dividends.

Discover how to read and understand your insurance contract with ease. Learn key terms, principles, and tips to ensure you're ...

You may not need burial insurance or an expensive whole life insurance policy. Try these alternatives instead.

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

Finding the right life insurance policy for your needs can be a challenge, and if you have a history of drug abuse, it may be even more of one. For most types of life insurance, carriers will review ...