Life Insurance provides security to your family to meet their financial needs.  If you are married, a parent, own a home, changing jobs, or retired and even if you are single, your loved ones will benefit from the financial security you provide with a life insurance policy.  Life insurance proceeds can be used to cover daily living expenses, mortgage payments, outstanding loans, college tuition and other essential expenses. And, importantly, the death-benefit proceeds of a life insurance policy are almost never subject to federal income taxes.

There are many resources available to help you make decisions on the type of life insurance and they amount that you may need.  According to Life Happens, a non-profit organization dedicated to personal financial responsibility education, about 38% of Americans believe they would feel the financial impact from the death of the primary wager earner within a month of their passing.  But, when you consider all the things that life insurance proceeds need to fund and how long the money will be needed, you begin to realize that your true need for coverage is often 10 or 15 times your gross annual income, sometimes more.

For more information on securing the financial future of your loved ones, visit

The members of the Life Insurance Association of Michigan consist of the leading life insurance and annuity companies who provide personal financial security products in Michigan.