Life insurance is an important part of any financial plan because it can provide for your family if you die unexpectedly. Term life insurance covers you for a set number of years and then expires.

A life insurance policy represents a contract between you and the insurer. In exchange for your making regular premium payments, the insurance company will make a tax-free, lump-sum payment to your ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Life insurance is a crucial risk management tool within any ...