Life Insurance

Life Insurance In Michigan

Michigan Life Insurance

For residents of Michigan, there are a number of rules that govern life insurance so that policy owners get what they need and have their freedoms protected and to anticipate future problems that can arise. If you need life insurance, or you want more, contact us at the Rossell Agency

The 30-Day Period

In Michigan, there is a grace period given to policyholders when their payment is due. This 30-day period is given to every Michigan policyholder so that when they are late for their life insurance payment, they are given another 30 days before the insurance company can close the policy. This allows for a little room for things to go wrong such as a bill getting lost in the mail or a medical emergency.

The 60-Day Period

While policyholders have 30 days extra to pay their bills, the insurance company who issued the policy has just 60 days to pay out the life insurance amount. This statute means that after the insurance company has gotten proof of the death, they have little time to pay out the benefit to the beneficiary.

The Life Insurance Peace of Mind

Everyone should have life insurance, as everyone will have final expenses. No matter which stage of life you're in, you need coverage to help those closest to you when the time comes. You may leave behind high medical bills as well as final expenses, and you may leave one or more people in financial trouble. When you have a life insurance policy, you have the peace of mind that comes from knowing your final expenses and other responsibilities will be taken care of.

Life Insurance

If you need life insurance, give us a call at the Rossell Agency in Michigan. We can show you various types of policies and let you choose the kind that is right for you and your loved ones.

Our Insurance Services

When it comes to auto coverage more is better than less. We can help you get the following coverages:

  • Liability Insurance
  • Uninsured Motorist Protection
  • Collision Insurance
  • Medical/Personal-Injury Protection
  • Comprehensive Insurance
  • No-Fault Insurance

Partner Carriers

  • Accident Fund
  • Berkshire Hathaway
  • Bristol West
  • CNA
  • Foremost
  • Guard
  • Hagerty
  • Hanover
  • Illinois Mutual
  • JM Wilson
  • Liberty Mutual
  • Nationwide
  • Progressive
  • Safeco
  • State Auto
  • Tokio Marine