Life Insurance articles
In-depth, plain-language articles about life insurance from Why Insurance Me.
Types of life insurance explained
Life insurance comes in two broad families: term, which covers you for a set period, and permanent, which lasts your whole life an...
Read more →Universal life insurance explained
Universal life insurance is a form of permanent coverage that combines a death benefit with a cash-value component and flexible pr...
Read more →Indexed universal life (IUL) explained
Indexed universal life (IUL) is a form of universal life insurance whose cash-value growth is linked to a market index rather than...
Read more →What is an annuity?
An annuity is a contract with an insurer in which you pay a lump sum or series of payments in exchange for income later, often in...
Read more →Burial and final expense insurance explained
Burial or final expense insurance is a small whole-life policy designed to cover funeral, burial, and other end-of-life costs. It...
Read more →Life insurance for seniors
Life insurance is still available later in life, though the options and pricing differ from those for younger buyers. Seniors ofte...
Read more →Group life insurance explained
Group life insurance is coverage offered to members of a group, most often employees through their employer. It is convenient and...
Read more →Mortgage protection insurance explained
Mortgage protection insurance is a policy designed to pay off or pay down your mortgage if you die, so your family can keep the ho...
Read more →Average life insurance cost: what affects your rate
An average life insurance cost is nearly meaningless on its own, because price hinges on personal factors like your age and health...
Read more →Whole life vs. universal life insurance: how they compare
Whole life and universal life are both permanent life insurance with a cash-value component, but they take different approaches to...
Read more →Term vs. whole life insurance: which fits your family?
Most families buying life insurance for income protection are choosing between term and whole life. The difference is duration, co...
Read more →How much life insurance do you actually need?
Coverage that is too small leaves a gap; too large wastes premium. A simple framework gets you close.
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