What are the differences between term and whole life insurance?

You may know smoking increases premiums, but why? Learn how habits may affect life insurance.

If you’re a member of the Millennial generation, life insurance might be a mystery or something you associate with older people. Here’s why you should know about life insurance now, and why you may want to consider getting it while you’re young.

When you sign up for life insurance, you’re signing a contract. It’s important that you understand what it does and doesn’t cover. Yet some life insurance claims are denied. Here’s why.

How about you? Do you need life insurance? In this article, we’ll explore the questions you should ask yourself before you decide to go without it.

Don’t let the fact that right now you can’t afford all the coverage you need keep you from getting at least a basic amount of life insurance. If you have people who count on you for financial support, it’s generally better to have a small, affordable policy than no coverage at all.

Having children can be one of life's greatest joys, but parenthood is not easy. Diapers and daycare add up. Suddenly your home can feel too small. A life insurance policy is one way to help protect your growing family’s finances, and becoming a new parent is a great time to look into coverage.

You probably know that life insurance pays money to your loved ones after you die. (It’s called a “death benefit.”) But some types of life insurance can also give you money to use while you’re still alive. They build what’s known as “cash value.” One of the possible uses for that money is as retirement savings.

Many older people think they don’t need—or can’t get—a life insurance policy. But in a lot of cases that’s not true.

Purchasing life insurance can be one of the greatest things you can do to ensure your loved ones are taken care of when you pass away. But deciding how much you need is often difficult. Here are six items you might consider when looking into life insurance.

No one likes budgeting. But putting together and following a spending plan can work wonders on your finances. Here are five tips you can use starting today.

Because unmarried drivers under age 25 are in a high risk category of drivers, you’ll pay higher premiums. Here are a few things that can help 20-somethings make car insurance more affordable.

Typically, term life insurance benefits are paid when the insured has died and the beneficiary files a death claim with the insurance company.

A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death. That's how life insurance works.

Want to help protect your family's future but can't decide whether term life or whole life insurance is best? Get the knowledge you need to make the most informed decision with help from TruStage®.

Most people hate the thought of reading a life insurance policy (or any insurance policy, for that matter). However, if you can find the time and the patience, it's a good idea to read through your whole policy. If you do, you'll understand your policy better.

The idea behind life insurance is to provide money to your loved ones to help protect them financially after you’re gone. But in order to make sure that happens the way you want it to, it’s important to think about who you want to receive the payout (or death benefit) from your life insurance policy. That person is called your beneficiary.