What Is a Life Insurance Policy? A life insurance policy is fundamentally a contract between an individual, often referred to as the policyholder, and an insurance company. This contractual agreement ...
See the tax advantages and downsides.
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 ...
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