Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Permanent life insurance policies generally grow cash value that you can borrow from or withdraw for any reason. The way the cash value grows depends on the type of life insurance policy. The cash ...

A life insurance policy is a contract between an individual and an insurance company, where the individual pays regular premiums in exchange for a death benefit to be paid out to their beneficiaries ...

Whether you can get money back when canceling a life insurance policy depends on the type of policy and when you cancel it. Permanent life insurance policies might provide a cash payout upon ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...

Term life insurance locks in your rate and coverage for a specific timeframe. Whole life insurance usually lasts a lifetime and includes a cash value component. Your budget, family needs and financial ...