Michigan Long Term Care Insurance - Michigan Life Insurance

Have you considered Michigan Long Term Care Insurance?

It is very important to consider the financial implications of a prolonged illness, disability or impairment. Have you planned for such possible expenses? Our licensed insurance agents will offer you Michigan long term care insurance that will equip you to meet the costs of assisted living and custodial services should you so need it. We will also provide you access to Michigan life insurance policies to meet other requirements such as paying for your children’s education, mortgages, estate taxes, medical bills, funeral expenses and providing retirement funds and life income for your spouse. You will be provided access to online Michigan life insurance quotes on permanent and term life insurance policies to help you choose a policy that is affordable and will offer wide coverage.

Features of a Michigan Long-Term Care Insurance

Just as with Michigan life insurance, the cost of your long-term care policy will depend on your age, health, specific policy features and the period of availability of covered benefits. Some of the features that should be included in Michigan long-term care insurance policy are:

• A 30-day “free look” period.
• Equal coverage for home health care and for facility or nursing home care.
• A policy that is guaranteed and renewable even though the premium rate is not guaranteed.
• A pro-rated refund of premiums for the current year if you cancel your policy.
• Provision of individual long-term care with similar benefits if the company withdraws group long-term care coverage.
• Provision of an optional inflation protection rider compounded annually at 5% for which an additional premium can be charged.
• Mandatory coverage for Alzheimer’s and related diseases but can limit coverage for mental disorders, alcoholism and drug addiction.

Get Free Michigan Life Insurance Quotes

Simply fill out our hassle free quotes form to obtain quotes on both Michigan long-term care insurance and Michigan life insurance policies. The Policies provided are :

• Permanent Life - A policy that will generate cash value and provide coverage for your entire life on regular payment of premiums. The policy may be whole life where the cash value can be used to pay premiums or as collateral for a loan or universal life where insurance amounts and premium payments are flexible and cash value is generated.


• Term Life - An inexpensive policy for a specific period with no cash value features. Can be renewable, convertible, adjustable, level or decreasing terms.