A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...

See the tax advantages and downsides.

For an employer, split-dollar life insurance plans can be a useful way to attract and retain key hires. For employees, split-dollar plans can be a valuable estate-planning vehicle for employees ...

Life insurance is a way to provide financial security for your loved ones in the event of your death. You purchase a policy and make regular payments, and the insurer will pay a tax-free death benefit ...