Let's address the issue that has divided the insurance industry for decades: Should you buy whole life insurance to "be your own bank," or should you buy term insurance and invest the difference?

Getting the right insurance policy can give you and your family an extra layer of financial protection. No one wants to file a claim on a whole life insurance policy, but some people believe that it’s ...

Term life insurance locks in your rate and coverage for a specific timeframe. Whole life insurance usually lasts a lifetime and includes a cash value component. Your budget, family needs and financial ...

Your best choice depends on your budget, time frame and investing needs Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance staff writer at Buy Side. Edited ...

Term life insurance expires after a predetermined time frame but, so long as you keep paying your premiums, whole life insurance will always remain in force. That makes it more expensive, but a whole ...