Whole Life Archives - MoneySense

Experts weigh in on term vs. permanent life insurance, breaking down costs, benefits, and coverage to help you choose...

Think you're too young for life insurance? Buying early can help save on premiums.

Borrowing against a policy’s cash value can provide tax-free income. But there are still costs involved and other factors...

At what point do we no longer need life insurance? You will find the answer by going back to...

The “Infinite Banking Concept” is gaining popularity with Canadian retirees—but it’s not right for everyone. Here’s how this leverage...

Is a whole life insurance cash value taxable? Spoiler: Yes. But find out how to calculate the taxable amount....

It’s a task that can easily end up on the back burner, but it’s well worth taking the time...

An effective financial plan goes beyond saving and investing. Life insurance can also be a key element in achieving...

Purchasing a life insurance policy is considered good planning and, for some, the pinnacle of “adulting.” Here’s how to...