Life insurance is an important part of planning for the future.
For many Michigan families, it’s a way to help provide financial support for loved ones after you’re gone, covering key expenses and helping ease the financial burden during a difficult time.
Whether you're starting a family, buying a home, or thinking about long-term planning, Mason-McBride is here to help you consider your life insurance options.
Why Consider Life Insurance?
If you were to pass away unexpectedly, would your family be able to:
- Cover mortgage or rent payments?
- Maintain their current lifestyle?
- Pay for childcare or college expenses?
- Manage outstanding debts or final expenses?
Life insurance can provide resources to help with these costs and more, giving your loved ones time and flexibility to adjust. It may also help with estate planning, paying final expenses, or leaving behind a legacy.
Some common reasons Michigan residents purchase life insurance include:
Paying off a mortgage or other debts
- Providing income replacement
- Funding children’s education
- Covering funeral or medical costs
- Creating an inheritance
- Offsetting potential estate taxes
What Are the Types of Life Insurance?
There are two common types of life insurance coverage:
- Term Life Insurance
Offers protection for a specific period of time, such as 10, 20, or 30 years. Typically more affordable and designed to cover temporary needs like income replacement or debt repayment. - Whole Life (or Permanent Life) Insurance
Offers lifelong coverage and includes a cash value component that may grow over time. Designed for long-term needs such as estate planning or lifelong protection.
If you’re not sure which type is right for you, we can walk you through the differences and help you review your options.
How Much Life Insurance Do You Need?
Everyone’s needs are different, and many people either underestimate or overestimate the amount of coverage to carry.
Some of the factors that influence your life insurance needs include:
- Your age and health
- Whether you’re married
- Number and age of children
- Your future earnings potential
- Household expenses and debt
- Your spouse’s income and retirement plans
At Mason-McBride, we can guide you through a needs-based analysis to help determine how much coverage may be appropriate for your situation.
Serving Communities Across Michigan
At Mason-McBride, we proudly serve individuals and families throughout the state. Whether you're in a larger city or a nearby suburb, our team is here to help you explore life insurance options that align with your goals. Learn more about coverage in the communities we serve:
Why Work With Mason-McBride?
As a Michigan-based independent insurance agency, we work with multiple life insurance providers. That means we’re not tied to a single carrier and can help you explore a range of options that suit your budget, goals, and timeline.
For over 100 years, we’ve served individuals and families across Michigan, helping them navigate life’s decisions with experience, care, and personal attention.
Ready to Start Your Life Insurance Quote?
You can begin your Michigan life insurance quote online or speak with one of our agents by calling (248) 822-7170. We’ll help you review your options and find a policy that fits your goals