Life insurance is a contractual agreement between an individual (the policyholder) and an insurance company. Under the ...

See the tax advantages and downsides.

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

Typically, life insurance is understood as a means of financial protection for dependents following the policyholder's death. However, certain policies offer support during the policyholder's lifetime ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...