Learn about convertible insurance, which lets you convert your term policy to a whole or universal one without a new health check, ensuring flexibility and continuity.

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

Learn when and how to make a tax-free switch into a new life insurance policy or annuity if your needs change ...

An umbrella insurance policy sits on top of your underlying insurance policies. In covered situations, when the limits on the underlying policies are exhausted, your umbrella insurance policy will ...

Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...

A life insurance policy loan uses your policy's cash value as collateral. Learn the benefits and how it offers flexible repayment options without the need for approval.

We break down the pros and cons to help you decide if this coverage is worth the cost ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...