See the tax advantages and downsides.

A life insurance beneficiary can be a person, entity or organization you choose to receive the death benefit from your life insurance policy after you pass away. Once your beneficiary receives the ...

Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

A life insurance beneficiary is someone who is legally designated to receive the death benefit of the insurer. When the policyholder dies, beneficiaries receive a sum of money as long as several ...

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

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...