With Michigan, many consumers never look at the options of just a five year term life insurance quote. If your in the market for term life insurance, many are pushed into a thirty year term life insurance plan.
So as we back up, lets remember what term life insurance is. It is a life insurance program that covers you within a term that you pick. Here in Michigan we offer 5yrs, 10 yrs, 15yrs, 20yrs, and 30yrs plans.
We offer five year term life plans due to a couple of specific reasons. One, it is the most affordable for clients within our state of Michigan. Second and most important to us, some (not all) are looking for temporary coverage. If you can get five years for a cheaper price than a thirty year plan, why not take it if you again only need temporary coverage?
At our agency, we work with over 100 different life insurance companies. The perk to that? We offer the most affordable term rates within the state. Contact us to learn more.
Also a note, today is the final day for the Affordable Care Act Open Enrollment. Make sure to pick up your Michigan health insurance plan today.