Michigan Life Insurance - Quotes To Protect Your Families Future
Michigan Life insurance offers peace of mind as it relates to the distribution of assets to heirs; providing ready funds to pay estate taxes and settlement costs without the delay and costs of probate; by furnishing a cash death benefit to beneficiaries; and by not leaving family members with the burden of paying for your funeral. So now that we have given you the definition, have you ever wondered if you had a life insurance agent near me?
Almost twenty-years in the business, our portfolio of insurance companies offers specialized options to help protect and manage your estate.
Term Life Insurance
Inexpensive option and provides a tax-free death benefit to your beneficiaries with coverage for a fixed period of years (5, 10, 15, 20 and 30) depending on your age at the time of purchase. Term life does not accumulate cash value.
Also ask about our term life insurance with a return of premium option. Pay for your entire term, and receive a lump sum check back for the entire amount of premium you paid.
Burial Insurance - Funeral Expense - Final Expense Insurance
So many names for this, but in the end the same. As a note, this is the agency specialty.
This type of plan helps pay for final expenses upon death. These burial insurance plans usually provide up to $5,000 to $50,000 in benefits and usually do not require medical examinations.
However, issuance of a policy is often not guaranteed and may depend on answers to questions set forth in an application. A final expense policy is usually recommended for consumers who just want a policy for his or her burial. However, final expense life insurance is also bought by younger consumers looking for this same protection.
--> Have you ever been declined for life insurance in the past? We now offer a guaranteed issue final expense life insurance plan, no medical questions asked. It's available exclusively to Michigan residents and provides the peace of mind you deserve.
Whole Life Insurance
Offers a guaranteed death benefit, generally free from federal income tax. The policy has a level premium for lifetime guaranteed to never increase.
The policy holder is also eligible to earn dividends (on certain whole life products), if paid out by the insurance company. These dividends can be paid back to the consumer, or used to buy more life insurance. The whole life policy also allows you to borrow from the cash value on a generally tax free basis.
Accident Life Insurance
Only pays on the death of an accident, however very affordable and a plus to any portfolio. Also has a return of premium rider at the age of 65 for an small additional charge. Pay your premiums until the age of 65, and get a full refund for all you have paid in if no benefits have been paid out. No health questioned asked, and also perfect for our Harley riders of the state.
** Now, you can apply for our life insurance products in three ways. Online, in person, or by postage mail.
So a question, if there were a way to reduce your premium or boost your coverage without paying more, would you want to explore that??
FAQs
1. Do I need a doctor's physical before getting an insurance policy?
Some life insurance companies require a medical exam, while others do not. If an exam is required, a licensed medical professional will typically come to your home or workplace to conduct a basic checkup, which may depending on the company include blood and urine samples. Policies with larger death benefits often involve more comprehensive evaluations, such as an electrocardiogram (EKG) or additional testing.
2. What if I am young and healthy? Should I still buy a life insurance policy?
We always recommend you plan ahead. We do suggest a life insurance policy, as at a later date and age you may find yourself in a high medical table for price. Might be wise to lock in a lower price now, then risk a high price in the future.
3. I have a life insurance policy from my employer. Is that enough coverage?
The typical answer to this question is no, it is probably not enough. First, what if you leave your job and life insurance is not offered from your next employer? Second, rarely do I see a life insurance policy from an employer that is sufficient.
4. Would you recommend a non-medical life insurance policy?
I truly understand why many consumers prefer to avoid a paramedical exam when applying for life insurance. However, it is important to note that nonmedical life insurance sometimes comes with higher premiums compared to policies that require a medical exam. We make sure to clearly explain both options to our clients so they can choose what is best for them. That said, for those who wish to skip the paramed, we can offer policies with up to $1 million in death benefit, no exam required.
With over 60 life insurance companies at our disposal, we are very confident we can find the best product for your situation. All it takes is phone call, email, or text to discuss your situation.
Do not leave that burden to your family! Request your quote today. Contact me to get life insurance information for yourself.
Also, contact me if your life insurance policy is more than two years old. Life insurance prices have dropped in the last few years.
Updated: 5/11/2025