Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

One of the most valuable features of life insurance is that the beneficiary receives the death benefit income-tax free.

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

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 ...

If you’re reading this, you’re probably asking yourself, “Can I sell my life insurance policy for cash?” Let’s dive into why you might want to do this, along with the pros and cons. When you purchase ...