LIFE INSURANCE AND ANNUITIES

Personalized Life Insurance and Annuities for Your Family's Future

Leave Your Worries With the Life Insurance You Need

In most cases, people don’t plan for their own death. As such, the consequences of dying can be exacerbated by financial difficulties that your family may undergo.
 
Thankfully, there is a way to prepare: life insurance. By ensuring that those close to you are protected in the case of your death, you can live with the peace of mind knowing that you have taken the right steps to ensure that they are in good hands.

How Much Life Insurance Do I Need?

It is all dependent on your individual needs and your financial objectives for your family. While life insurance cannot replace you, it can provide the funds to:
  • Pay final expenses
  • Replace all or a portion of your income
  • Keep your family in their home
  • Establish a college education fund
  • Cover financial emergencies
Don’t be unprepared for the unexpected. Call us today at 734-241-1333 to learn more about our life insurance policies and annuities.

Life insurance

What Type of Life Insurance Should I Buy?

All life insurance policies fall under one of two categories of coverage. Each category has certain characteristics that make it more suitable for certain needs.
 
Term Life Insurance provides temporary protection for the term of the policy. If the insured person dies within the term period, the insurance company will pay the death benefit. However, if the insured survives the term period, then the coverage terminates.
 
Case Value Life Insurance provides lifetime protection as long as the policy is kept in force. The policy accumulates cash values that can be used during the insured person’s lifetime; however, withdrawals and loans will reduce the policy’s death benefit and cash value available for use. Regardless of when the death occurs, the insurance company pays the death benefit provided that the policy is kept in force.

Insure your love
FREE insurance review!
Call 734-241-1333

Count on our Professional Insurance Agent (PIA) from MII for all your insurance related needs. We offer same-day and walk-in appointments too! Visit Insurance Center of Monroe at 428 N Monroe St.

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