When assessing how much life insurance you need, take a systematic approach instead of relying on rules of thumb.

Many people brush off life insurance as something people buy out of fear or obligation; an unnecessary monthly expense for a ...

To cancel or not to cancel?

With this type of insurance, you pay a regular monthly (or occasionally, annual) premium to a life insurance company. If you ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...