whole 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.

Why Single People Need Life Insurance Too

Despite some common misconceptions, life insurance isn't just for those of us who are married with children. If you're a single, you can benefit from it, too -- first, because you're probably more connected to people than you may think, and second, because it can be a great investment.

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."