Financials and assets are the last things most people want their loved ones to deal with after they're gone. At Michigan Insurance and Financial Services, our agents are licensed to find a term life insurance plan that will look out for both you and your loved ones following your passing.
Generally, term is the most affordable type of life insurance. The "term" of the policy usually lasts between one and thirty years and pays out only if a death occurs during the policy term. Some policies can be level, meaning the death benefit will remain the same for the duration of the policy. Others can be a decreasing term insurance policy, meaning the death benefit will drop over the longevity of the term. When the policy term ends, you may or may not qualify for new coverage based on your overall health and age. Our agents are experts in helping you understand the level of risk involved when electing term insurance, as well as finding a plan that suits your individual needs.
At Michigan Insurance and Financial Services, we are dedicated to working alongside you as your partner in insurance. Call or contact one of our agents today to learn more about term life insurance policy offerings!