A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...

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

Collateral assignment enables you to use your life insurance as collateral for a loan. This allows you to be approved for a loan if you don’t want to put your other assets at risk. Here is how ...

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

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

Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...