In simple terms, life insurance pays an agreed sum of money to people you choose (your beneficiaries) if you die while the policy is in force. You must pay a monthly fee (or premium) for this. How ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. The two main types of life insurance are term and ...