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.

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

Life insurance can help your family replace lost income, pay off large debts and allow you to leave a financial legacy after you die. But it can be complicated. There are lots of different policy ...

Term and whole are your two main options when purchasing life insurance. For older adults, though, many assume term life insurance is the only choice. And while its lower price and shorter duration ...

Legal & General America and Lincoln Financial are the best no-exam life insurance companies, according to our analysis. These companies both offer competitive rates and important coverage features, ...

Permanent life insurance generally provides coverage for your entire life and builds tax-deferred cash value. There are several types of permanent life insurance, including whole life insurance and ...

Learn the ins and outs of collateral assignment in life insurance policies, how it secures loans, and what it means for your beneficiaries.

Yes, whole life insurance is a type of permanent life insurance and includes a cash value account with a guaranteed minimum rate of growth. Can the cash value of my whole life insurance policy ...

Term life insurance is usually the simplest and cheapest policy you can buy. That's because it's only in force for a set period — generally between 10 and 30 years — and it doesn't have a cash value ...