There are many financial tools that seniors can leverage. Some build wealth or provide income, while others offer protection for heirs or ensure that end-of-life costs are covered. "Both are valuable ...

What Is a Life Insurance Annuity? A life insurance annuity is a unique product that combines life insurance and an annuity. It is essentially a contract between an individual and an insurance company ...

Life insurance annuity, a hybrid financial product, seamlessly marries the risk protection of life insurance with the income ...

Most insurers pay out policies in a lump sum, but some companies offer installment payments. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...

Three decades after the first insurance company tied a product return to an index, those now-fully mature indexed products continue to dominate sales, innovation and regulatory discussions. The allure ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Ridofranz / Getty Images Life insurance pays beneficiaries a benefit ...