Term Life Insurance

Term Life Insurance provides life insurance coverage for a specific time period or term length. There is not a cash value that accumulates with a term life insurance policy and the policy is only paid if the insured dies during within the term of the policy. A term life insurance policy is generally the most efficient way to achieve maximum life insurance protection with a minimum cost. With Michigan Term, you can buy term insurance coverage for the time period that best suits your needs. Generally, you can increase your coverage if your needs change.