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Why do I need life insurance? | Michigan Life Insurance

posted Apr 7, 2016, 12:32 PM by Jason Grubbs   [ updated Dec 1, 2016, 10:42 AM ]
The primary purpose of life insurance is to provide for those left behind if a breadwinner is lost.
Here are some of the financial reasons why you may need life insurance protection:
  • To pay off final expenses including medical bills & funeral costs
  • To provide a source of replacement income for your spouse & family
  • To pay off a mortgage or other significant financial obligations
  • To provide funding for your children's education
  • To provide funding for your spouse's retirement
  • To provide a financial cushion to give your family time to adjust
Life Insurance - Grand Rapids Michigan

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