Life insurance is considered a fundamental part of sound financial planning. If you're a parent, spouse, homeowner or business owner (or some combination of those four) then you likely need the ...

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.

Many people buy life insurance in order to prepare for the possibility of an untimely death. Since people often have loved ones depending on their income or services, having a policy in place could ...

Discover how insurance proceeds work, learn their tax implications, and find out what you need to know about claim processes ...

Discover how to read and understand your insurance contract with ease. Learn key terms, principles, and tips to ensure you're ...

Looking for the best rate and coverage for life insurance? Consider Sproutt. When considering future planning and building a strong financial future for your family, getting an insurance policy is ...

People do not always understand why they need to insure their life. For example, you don't think that if you have a fire extinguisher in your house, a fire will definitely start. It just means that if ...

100 million Americans either don’t have life insurance or don’t have enough coverage. Women (44%) are less likely to have or have enough life insurance compared to men (38%). People in lower-income ...

Most term life policies don’t pay out — and that’s a good thing. Here’s what to consider as your coverage ends and whether it ...