Life insurance policies play a significant role in providing financial security for beneficiaries. Over $202 billion dollars is paid out over the course of a year in the United States, according to ...

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

・The FAFSA does not count the cash value of a life insurance policy as an asset. ・A life insurance payout may count as income if it’s reported on your tax return. ・Once that payout sits in a checking, ...