One of the last things you want to do is leave your loved ones with unexpected financial responsibilites after you have passed. At MI Choice Insurance, we are here to help. We specialize in whole life insurance to ensure your family has access to funds to pay for a variety of expenses.
Generally, age and health are the most important factors when it comes to determaining the premium you will pay for whole life insurance. Although you can purchase a policy at any age, the younger you are the more affordable the policies will be. Life insurance policies are designed to pay a benefit when someone dies. Unlike term life insurance, whole (or permanent) insurance will usually remain the same during the duration of the policy. In addition to their post-death value, they can be build cash value and funds may be accessed or loaned--similiar to a savings account.
At MI Choice Insurance, we help you find a whole life insurance policy that fits your needs and long-term goals. For more information or to speak with one of our agents about whole life insurance, contact us today!