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 ...

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, ...

A life insurance death benefit is paid tax-free and there are tax-advantaged ways to access cash value ...

Transfers of property after June 30, 1969 in connection with the performance of services are governed by IRC Section 83. For transfers before February 13, 2004, Treasury Regulation Section 1.83-3(e) ...

If you’re reading this post, you survived the Thanksgiving holiday – hopefully, without much family drama.[i] Then again, there may have been moments, inspired by an overload of obligatory ...

What Is a Life Insurance Policy? A life insurance policy is fundamentally a contract between an individual, often referred to ...

・The Gerber Grow-Up® Plan is a whole life insurance policy that builds cash value over time, often sold as a way to pay for college. ・Families can access the policy’s cash value through loans, ...

Cash value life insurance is a type of permanent life insurance that uses your monthly premiums to build value within the policy. Cash value life insurance combines the benefits of life insurance with ...

A different situation exists where, because of the insurance company’s insolvency, the policy owner receives less than the stated cash surrender value. In this case, the difference between the amount ...

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 ...