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.

Life insurance is a financial product that can offer invaluable protection and peace of mind for you and your loved ones. However, this type of coverage comes at an extra cost, so it's crucial to do ...

Ask your agent which type of life insurance, term or permanent, best suits your needs. Confirm with your agent if your policy offers living benefits, like access to cash value or critical illness ...

Life insurance might seem like an unnecessary expense, but having it can grant you peace of mind, especially if you have people depending on you financially. And while you might assume it costs a lot ...

AARP offers life insurance from New York Life, but there are some potential downsides ...

Life insurance is something every family provider should have. The amount of life insurance you need is dependent on a number of factors. Your age, health, and job can all factor into how much you pay ...

Anyone can qualify for these policies, but premiums are very high compared to other options ...

When you apply for most types of life insurance, there is no guarantee you will be accepted – at least not at an affordable premium. That’s because the life insurance provider might determine that you ...

Life insurance ownership has been declining over the last decade. Based on LIMRA research in January of 2022, only 50% of consumers owned life insurance. That percentage was down from 59% in 2012.

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...