iOS app Android app

Life Insurance Policy

What Way of Ending Your Life Insurance Is the Best

Allan Smith | Posted 12.08.2016 | Business
Allan Smith

Life insurance is never bought for your own benefit. You want to help the people around you with some financial support when you leave the world. All ...

Working Funds: 3 Ways to Cash in on Life Insurance for Retirement

David Rae | Posted 07.22.2016 | Business
David Rae

The good news is that you don't have to die to use your Life Insurance. Here's how to put the new policies to work for you.

4 Practical Reasons To Consider Taking Out A Life Insurance Policy

Michael Lazar | Posted 07.15.2016 | Fifty
Michael Lazar

If for only the reason why we never really know when we'll go, a life insurance policy makes a lot of sense for most of us. The premiums are typically low and affordable (depending on the coverage of the plan that you elect and the provider), and the benefits can be well worth it just for that added peace-of-mind. Taking out a life insurance policy may be practical for you if any of the following four perks it offers are of concern.

Who Gets Your Money?

Terry Savage | Posted 06.07.2015 | Money
Terry Savage

When you hear the word "beneficiary," you probably think of someone inheriting a lot of money -- the beneficiary of a will. But in reality the word covers a lot more than wills and estates.

My Universal Life Insurance Might Be a Rip Off

Jeff Rose | Posted 05.04.2015 | Money
Jeff Rose

Most of these policies come with fairly high fees. The commissions are often front-loaded. The costs can eat up your returns, so it can take years before your cash fund sees significant growth.

5 Most Common Mistakes People Make with Life Insurance

Jacob Gold | Posted 11.24.2014 | Money
Jacob Gold

Not many are focused on thinking about life insurance. But actually, September is Life Insurance Awareness Month (who knew?), so it is a natural time to focus on this topic.

Is Life Insurance Needed in Retirement?

Jim T. Miller | Posted 10.15.2014 | Fifty
Jim T. Miller

While many retirees choose to stop paying their life insurance premiums when they no longer have young families to take care of, there are a few reasons you may still want to keep your policy.

4 Stupid Mistakes that Can Drive Up Your Life Insurance Premium

Jeff Rose | Posted 09.16.2013 | Business
Jeff Rose

We all make mistakes. But some mistakes cost more than others. Some of the costliest mistakes are those that continue to haunt you for years. Life insurance mistakes can cost you in the short term and in the long term.

Gifts Mom Won't Use (I Hope!)

Terry Savage | Posted 07.06.2013 | Women
Terry Savage

Quick: Think of two Mother's Day presents that mom would really appreciate, is unlikely to buy for herself and hopefully won't use.

Overwhelming Student Debt Has Parents Getting Life Insurance Policies on their Kids

Brazen Life | Posted 05.26.2013 | College
Brazen Life

When my parents first announced at Thanksgiving that they were taking out a life insurance policy on me, I was taken aback and slightly offended. In fact, I thought it was a cruel joke.

How My Dad's Life Insurance Rescued My Family

LearnVest | Posted 02.09.2013 | Women
LearnVest

Mom and Dad had just moved us to a tiny town in North Carolina to be closer to family. They bought some land, started building their dream home and convinced my grandparents to build a little home nearby. They had a lot of financial obligations that depended on my father's income.

Neil Armstrong Had A Creative Life Insurance Plan

Posted 08.31.2012 | Business

Paying for life’s necessities can be tough, but if you’re a famous astronaut you might have a few more options than most. Before Neil Armstron...

Murdered By Best Friend For The Money On 'Stolen Voices, Buried Secrets'

Posted 08.28.2012 | TV

47-year old Lula Young was already battling cancer, but it was a fire in her home that took her life. Her story was revealed on "Stolen Voices, Buried...

Robin Hood Or Con Artist?

ProPublica | Posted 08.25.2012 | Business

By Jake Bernstein ProPublica Joseph Caramadre has spent a lifetime scouring the fine print. He's hardwired to seek the angle, an overlooked clau...

'Who The (Bleep) Did I Marry?': Man Poisons Wife With Arsenic

Posted 08.09.2012 | TV

The Kohlers looked like the perfect couple. Donna and Jim had been married since the '70s, and as far as she knew, they were deeply in love. He even s...

New Ways to Cash in on Your Life Insurance Policy

Jim T. Miller | Posted 06.24.2012 | Fifty
Jim T. Miller

If you don't need your life insurance policy any longer, are having difficulty with the premium payments or could just use the money, a life settlement is definitely an option worth considering.

Wall Street Gambles Again: Bankers To Buy Up Life Insurance Policies Of Ill And Elderly

nytimes.com | JENNY ANDERSON | Posted 05.25.2011 | Business

After the mortgage business imploded last year, Wall Street investment banks began searching for another big idea to make money. They think they may h...

Profiting From Death Bonds

Los Angeles Times | Marc Lifsher | Posted 05.25.2011 | Business

Selma Mannheim is one of a growing number of older Americans and their relatives who are taking advantage of a booming life-settlement industry that i...