Annuities and life insurance provide solutions for different life needs, though each are offered by insurance companies. Annuities provide a stream of income while you or your family are alive, ...

There are many financial tools that seniors can leverage. Some build wealth or provide income, while others offer protection for heirs or ensure that end-of-life costs are covered. "Both are valuable ...

What Is a Life Insurance Annuity? A life insurance annuity is a unique product that combines life insurance and an annuity. It is essentially a contract between an individual and an insurance company ...

When it comes to insurance products, here’s one piece of advice: The key isn’t what the product is — it’s what the client wants to do with it. We’ve been trained to think each product has one specific ...

Learn how conversion privilege in insurance allows you to update policies without health checks. Explore benefits, key rules, ...

If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...

Variable universal life and registered index linked annuities are expected to see the highest percentage of growth across life and annuity products in 2025, two LIMRA executives said during a recent ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Ridofranz / Getty Images Life insurance pays beneficiaries a benefit ...

Annuities promise guaranteed lifetime income—so why do Canadians avoid them? We unpack the “annuity puzzle” and when they may ...