I’ve saved $1M in my 401(k) and hope to retire in 5 years. Will my wife be financially protected if I cancel my life insurance?

Currently, Bob is paying about $150 a month on his life insurance policy. However, if his wife inherits his 401 (k), he ...
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What to know before you cancel your life insurance

Data from the Association for Savings and Investment South Africa (Asisa) reveals that South African life insurers paid out R39.9 billion in death claims in 2023, emphasising the vital role these ...
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Here's When You Should Consider Dumping Your Life Insurance Policy—and Pocketing the Cash

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...