Learn how the Cash Value Accumulation Test (CVAT) determines if a financial product is taxed as insurance or an investment with potential tax benefits.

Discover the differences between permanent and term life insurance, including coverage duration, benefits, and costs, to ...

Term life insurance offers affordable coverage for a set period — here's how it works and when it makes sense to buy a policy ...

Indexed universal life insurance is a type of UL that has flexible premiums and death benefits. The cash value grows based on ...