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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

Most term life insurance policies let you convert to permanent coverage, but the rules vary by company ...

When it’s time to get life insurance, you need to understand your options. Both term insurance and permanent life insurance pay death benefits to a beneficiary but with some important differences in ...

Variable life insurance is a form of permanent life insurance, which is intended to last for a lifetime. As with other forms of life insurance, a variable life policy represents a contract between an ...

Cash value life insurance combines savings with a death benefit; more costly than term insurance. Policyholders can use cash value for loans or withdraws, impacting the ultimate death benefit.

How to choose a policy that provides lifelong coverage and often a cash value feature Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance staff writer at Buy ...