term life insurance

Money Mic: How My Dad%u2019s Life Insurance Saved Our Family

According to a nationwide study, 57% of respondents own life insurance, but only 28% feel extremely confident in their understanding of life insurance. Today, Alden Wicker shares a very personal story from her childhood, which drove home to her just how important it is for parents to have life insurance.

The Best Defense: Money Moves to Protect Your Family

In financial planning, people usually play offense: It's about finding the right strategy to get to the goal. But it's just as crucial to have a good defense. Cal Brown, a financial planner and author of the new book "When Life Strikes: Weathering Financial Storms," shares some of his defensive plays with DailyFinance's Laura Rowley.

Dispelling the Top 12 Myths About Life Insurance

There's something about life insurance that just freaks some people out -- we'd prefer not to consider our mortality. But September is life insurance awareness month, and lack of knowledge breeds fuzzy thinking. So we've sorted some facts from fictions and debunked an even dozen myths about life insurance.

Don't Let Nana Drive You Into Bankruptcy

For children, excursions with grandmother are an adventure. As time passes, however, the ride into the golden years can get bumpy; if you're financially unprepared, it can take a dramatic turn for the worse, and even drive you and your family into bankruptcy. Here are some steps you can take to prevent that.

Why Hybrid Insurance Is Eating Term Life's Lunch

When it comes to life insurance, it seems that more folks are passing up old-fashioned term life for flashy new hybrid policies. So what's the allure of these new varieties of insurance, and more importantly, would you be better off with that plain vanilla policy after all?

Yes, Life Insurance Can Be a Smart Investment

One common mistake is that many investors follow this oft-repeated advice: Buy term life insurance and invest the difference. But most people who buy term insurance don't "invest the difference." They "spend the difference."