Life Insurance · Michigan
Life Insurance for Michigan Families & Business Owners
Most Michigan households are underinsured for life. The 1-2× income policy through work doesn't cover what your family actually needs if you're gone. Ten Point Financial Group is a Michigan-licensed independent life insurance agency. We run real needs analyses, shop multiple top-rated carriers, and recommend the policy that fits your situation — not the one with the highest commission.
Free
Needs analysis
Independent
We shop the market
Statewide
All 83 Michigan counties
Why Michigan
Michigan's mix of automotive pension households, agricultural communities, university families, and a growing small-business segment means life insurance needs vary dramatically by household. A 35-year-old Ann Arbor professional has different protection needs than a 55-year-old Grand Rapids business owner. We design around your actual situation rather than selling a one-size-fits-all product. As an independent agency, we earn the same regardless of which carrier you pick — our recommendation is based on what fits, not on commission tiers.
How we help
Term Life Insurance
Pure death benefit for a specific window (10-30 years). Cheapest per dollar of coverage. Right for most Michigan families when kids are young or the mortgage is large.
Whole Life Insurance
Permanent coverage that builds cash value. Used for estate planning, business funding, and as a banking-system foundation (Infinite Banking).
Indexed Universal Life (IUL)
Permanent coverage with market-linked growth potential. Powerful when designed correctly — fee trap when sold poorly. We design for cash value, not commission.
Business Life Insurance
Key person, buy-sell funding, executive bonus, Section 162 strategies for Michigan business owners.
Pre-Existing Conditions
Different carriers have different underwriting niches — diabetes, prior cancer, cardiac history. We shop multiple carriers to find your best approval and rate.
Frequently asked questions
How much life insurance do I actually need?+
Three common methods: 10-12× annual income (simplest), DIME (Debt + Income replacement + Mortgage + Education), or actual replacement income calculations. Our free calculator runs DIME with your real numbers.
Term vs whole — which fits Michigan families?+
Most families need term FIRST (cheap, large coverage during high-need years). Some also need whole life (for estate planning, business needs, or cash value strategies). Very few need only whole. We'll do the math with your situation.
What about pension considerations?+
Many Michigan retirees face pension lump sum vs. annuity decisions. Life insurance can play a role in maximizing pension survivor benefits while protecting the family. Worth modeling alongside the pension election.
Can I get coverage with health issues?+
Often yes. As an independent agency, we shop carriers with different underwriting profiles. We've placed coverage for clients with diabetes, prior cancers, heart conditions, and other situations one carrier might decline.
Learn more
Carriers We Represent
We're independent — we shop the market for the policy that fits, not the highest commission.
Carrier logos shown are trademarks of their respective owners. We work with additional regional carriers — ask about a specific plan.
Free Michigan life insurance analysis
Tell us about your family. We'll calculate what coverage you actually need, shop multiple carriers, and present 2-3 honest options — no pressure to buy.
Educational content only. Not financial, legal, or tax advice. All services are provided by licensed professionals. Coverage decisions depend on individual circumstances.