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Rochester
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Rochester, MI 48307
(248) 601-9500
Lapeer
951 S. Main Street, Suite 3
Lapeer, MI 48446
(810) 664-4470
November 2025
November 2025 Q & A
QUESTION:
What are the various options for life insurance?
ANSWER:
Life insurance options suit varied needs. Term life covers a set period, like 10 or 20 years, ideal for temporary needs like mortgages, with affordable premiums. Whole life offers lifelong coverage and a growing cash value, perfect for permanent protection and savings. Universal life provides flexible premiums and death benefits with cash value, great for long-term planning. Variable life allows investing in stocks or bonds, offering growth potential but higher risk.Consult your advisor to choose the best option for your financial goals.
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