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Family life insurance isn’t a single product sold by insurance companies. In some cases, it refers to the ability to purchase additional coverage for family members. In others, it’s a way of conveying ...

Permanent life insurance generally provides coverage for your entire life and builds tax-deferred cash value. There are several types of permanent life insurance, including whole life insurance and ...

How does term life insurance work? Term life works as a time-limited safety net. If you were to die within the term the policy is active, the insurance company would pay out a death benefit to your ...

Basic life insurance is a simple life insurance policy, often offered as part of a benefits package at a company along with group health insurance, paid time off and more. Companies often offer basic ...

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.