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143 CadyCenter, Unit 304
Northville, MI 48167

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End of Life Planning Includes Life Insurance

Making preparations and end-of-life planning isn’t something that is all that high on anyone’s priority list or list of favorite things to do. The good news is that with the right insurance partner and an occasional review, you don’t have to spend much time doing what is necessary, albeit less than joyful. If you live in or around Northville, MI, the experienced and professional team at Insurish LLC can also help with all your life insurance needs.

Life Insurance and End of Life Planning

If you are like many people, you don’t want the burden of your end-of-life expenses to fall onto the shoulders of those you love and care about. Many parents and people also choose to leave something behind for their children and even their children’s children. And that is also where life insurance is an important aspect of your end-of-life planning.

With the help of experienced agents who can help you navigate the options and available types of life insurance plans, you can rest assured (no pun intended) that your end-of-life plans are secure. More importantly, perhaps, is knowing that you have also done one more thing to take care of those you love and care about before you go. 

For All Your Life Insurance Questions, Needs, and Solutions

Do you have questions about life insurance? Do you need it to handle end-of-life expenses or to leave something behind for your children? Do you need it to secure your end-of-life plans? For the answers, your life insurance needs, and the end-of-life planning solutions you deserve, contact the helpful and experienced team at Insurish LLC in Northville, MI, today.

Life Insurance FAQs

Life insurance is one of the most important types of coverage that you can have. Most people are not as knowledgeable about life insurance as they could be and have questions that they will share with their independent insurance agent. At Insurish LLC in Northville, MI, we try to provide our customers with the answers to all of their life insurance questions. 

Life Insurance FAQs

What is the benefit of whole life insurance?

Whole life insurance is something you will have for your entire life. It doesn’t have a term, it will always be there. It also earns dividends, so it will grow over time beyond even the face value of the policy. You can also borrow against the accumulated value if the need should ever arise. 

Can life insurance be canceled?

The most common reason to have life insurance canceled is non-payment of the premium. If you are ever in a difficult situation financially talk to your carrier and explain the situation. Another reason the policy may be canceled is if it is discovered that false information was included in the original application. It could result in the benefit not being paid out. 

Who can I choose as a beneficiary?

You can choose anyone you want and even multiple people. Keep in mind that if you choose children, they will have to follow the state rules about the age the benefit can be collected by them. 

When should I buy life insurance?

If you are young and healthy, you will get the best rates on life insurance, but this may be when you need it least.  If you have people that depend on your income, that is when you should buy life insurance. 

We Are Here To Help

Give us a call at Insurish LLC in Northville, MI if you have questions about life insurance and let us help you get the answers you require. 

Types of Life Insurance Available

More people than ever before are looking into the different types of life insurance policies that are available to them to provide financial security for their loved ones when they pass away. The agents at Insurish, LLC in Northville, MI are touting the importance of life insurance and explaining the different types of insurance people can put in place to give them the peace of mind they deserve.

Types of Life Insurance

Term Life Insurance:

This is a type of insurance you can purchase for a certain period of time. Most policies are secured for five to 30 years and are great for people who want to secure coverage for a certain situation or specific debt. For instance, if you are the sole breadwinner of your family, you may want a term life insurance policy in place during the years you are working. This will help replace your income if you die unexpectedly, so your family is not thrown into financial hardship.

Whole Life Insurance:

This type of insurance includes whole life as well as universal or variable life insurance. This policy will provide your loved ones with a set amount of money when you pass away.

Universal Life Insurance:

The most popular choice when it comes to life insurance, universal life policies allow you to borrow money from it throughout the years so you can pay off your mortgage or other bills before you die. The beneficiaries that you designate will also receive a death benefit.

Other Types:

There are several other types of life insurance policies you may want to secure, such as mortgage life insurance, burial and funeral insurance, survivorship life insurance, supplemental insurance, and credit life insurance.

Contact Us Today

To choose the best life insurance policy for you and your loved ones, contact the life insurance agents at Insurish, LLC in Northville, MI today!

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