Sterling Heights, Michigan Individual Life Insurance

Sterling Heights, Michigan Individual Life Insurance

Deciding on the right Michigan Individual Life Insurance policy usually depends on your future goals. Whether you wish to provide a tax free income for your beneficiaries, have funds for the payment of the final expenses or estate taxes, replace the income that is lost if you die, or provide a significant charitable contribution, we can help you chose the policy that will fit your needs at an affordable price.

Individual Life Insurance can be important for:

  1. A source of savings - If not paid out by death benefit, some types of life insurance can have a cash value.
  2. Final expenses - using life insurance to pay for funeral and burial expenses.
  3. Income for dependents - a life policy can provide much needed income for your dependents when you die. Many times this is used for children, but can also be used for a partner that has a loss of income.
  4. Inheritance - using a life insurance policy as an inheritance even if you don't have substantial assets to pass on to your beneficiaries.
  5. Used to pay taxes
  6. Making a charitable contribution

 

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