Death benefits for term policies are a fixed amount stated in the insurance contract. For permanent insurance the death benefit includes the value of any cash value built up within the policy.

An endowment life insurance policy offers a combination of death benefit, savings and investment. Though it shares similarities with term life and permanent life insurance, it also differs ...

A life insurance policy is a contract that is signed between you, as the policyholder, and an insurer. It guarantees that the beneficiaries you name in the contract will receive a sum of money ...

Like a life insurance policy for an adult, a life insurance policy for a child is a contract with an insurance company. A parent or grandparent is typically the policyholder for a child’s life ...

Depending on the terms of your contract, some companies will reimburse ... Usually, both spouses are named on the homeowners insurance policy. When this happens, the policy may remain active ...

It's certainly a significant amount for the Browns, even though Watson's contract is still a tough pill to swallow. Beyond ...