This complex product has potential upsides but also risks.

Might some of your single clients unknowingly need life insurance? Yes. “One typical reason young people (in their 20s and 30s) buy life insurance is to protect their insurability,” says Ronald Klein, ...

Whole life and universal life are both types of permanent life insurance, but there are key differences when it comes to cost, benefits and policy requirements. To help you learn about what sets them ...

What Is an Insurance Premium? An insurance premium is the amount of money an individual or business pays to an insurance company for coverage against specific risks or losses. Premiums are typically ...

Indexed Universal Life (IUL) attracts its share of criticism. Most naysayers focus their disapproval on how IU is sold rather than the structure of the IUL policy. Yet, soon, I foresee a dramatic ...

Life insurance is one of the most powerful financial tools available, yet many people misunderstand its benefits, costs, and potential pitfalls. This article explores key insights on choosing the ...