When beneficiaries receive a payout from a life insurance policy, they typically don't have to pay taxes. However, there are ...

A beneficiary is the person you choose to receive your life insurance death benefit after you die. You can choose multiple beneficiaries and designate a certain percentage of the death benefit for ...

This type of life insurance refunds your base premiums, but it comes with a significantly higher cost ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Life insurance is all about securing your loved ones’ future, but life doesn’t always go as planned. What if the person you’ve chosen as your beneficiary passes away before you do? Whether you’re ...

Reasons why singles without kids might need life insurance.

One key question about financial planning often is overlooked by most clients: To whom will you transfer your acquired income and assets at the end of your life? I know, it’s not the most comfortable ...

Have you designated a life insurance beneficiary? Providing for loved ones upon your death remains a priority for many people. That’s why it’s important to choose beneficiaries. Failure to do so could ...

A life insurance beneficiary is someone who is legally designated to receive the death benefit of the insurer. When the policyholder dies, beneficiaries receive a sum of money as long as several ...