A key attraction to permanent life insurance is that it provides not only a death benefit when you die but accumulates a cash value from which you can borrow while you’re still alive. But access to ...

The volatile markets of the past few years have compelled many investors to alter their asset allocations and replace equity positions with Treasury bills or other safer, short-term investments. If ...

Sales of single-premium life insurance products through banks bolstered sales of all life insurance products in the channel in 2002. Banks sold $484 million of single-premium products last year, up 48 ...

Rock Island, Ill. – June 27, 2025 – Royal Neighbors of America has announced the launch of its new Jet Single Premium Whole Life (SPWL) product (Form Series 241812). Designed with application ...

While the life insurers paid an average first year commission of 26%, the industry disbursed renewal commission of 4% in April-September 2025.

Single-premium endowment plans offer a lump-sum investment with life cover and modest returns.Typical returns range from four ...

Helping senior clients through estate planning requires a comprehensive strategy that includes consultations with their legal and tax advisors to ensure proper asset distribution, minimize tax ...

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.

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

Paid the lump sum premium for your 3-year health insurance or single premium life insurance policy upfront, only to learn that GST on premiums has been slashed from 18% to 0% starting September 22?

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Yasmin Ghahremani is a full-time Associate Editorial Director at Investopedia, ...