Life Insurance in Bloomfield Hills, Michigan
Are you looking for life insurance in Bloomfield Hills, MI? E&Y Insurance Agency, LLC is conveniently located in Bloomfield Hills, MI. We can help you find the life insurance policy that is custom-made to accomplish your goals. Whether your goal is to protect your loved ones, pay for your child’s college tuition, diversify your portfolio, or provide you with a tax free retirement income stream, we can help. Our agents in Bloomfield Hill, Michigan understand that life insurance is tremendously customizable. We will be happy to sit down with you to review your liquidity, risk margin, and cash flow requirements and draw up a proper life insurance plan that meets your goals.
There are many types of life insurance polices
If you are shopping for life insurance, the options and choices can be overwhelming. There is more than one type of life insurance available to consumers today. Many people have heard about term insurance and whole life insurance. But probably have not heard of other life insurance policies such as Universal Life Insurance (UL), Guaranteed Universal Life Insurance (GUL), Indexed Universal Life Insurance (IUL), or Survivorship Indexed Universal Life Insurance (SIUL). When it comes time to shop for life insurance it can be challenging to know which policy is best for you. Our Bloomfield Hills, Michigan life insurance agents can make things easier by asking the right questions and explaining the different options available. We work with many life insurance providers to give you the best choice of available policies.
How much life insurance do I need?
Forbes suggest the following formula in detterminig how much life insurance an individual needs:
[Financial obligations you want to cover] – [existing assets that can be used toward bills] = Your life insurance need
Our Bloomfield Hills, MI agents can help you determine the financial obligations that you would want covered. This varies for each individual. Factors to consider include income replacement, the amount of years you want to provide for your family after your death, any debts you may family may have, etc. Further, we can help you take into account some of your existing assets such as property you have, money in your saving accounts, your IRA and 401K, etc.
Get the Best Insurance Agency On the Job
We are ready to answer all of your life insurance questions and provide a pressure free atmosphere. There is no cost for the initial consultation. To schedule an appointment with one of our agents just calls us at (248) 362-1313 or submit the form below.
