Life insurance by state · MI
Life insurance in Michigan
What Michigan law gives you, which carriers quote in Michigan, and how to get covered — from an independent agency licensed in Michigan.
The short answer
Michigan residents can choose from 11 final expense and 15 term life carriers we work with that quote in Michigan. New policies typically come with a 10-day free look, and the state guaranty association backs life insurance death benefits up to $300,000.
Your protections in Michigan
| Regulator | Michigan Department of Insurance and Financial Services (DIFS) |
|---|---|
| Free-look period | Typically at least 10 days |
| Guaranty association | Michigan Life & Health Insurance Guaranty Association: up to $300,000 death benefit, $100,000 cash value (overall per-person cap applies) |
| Community property state | No |
| State estate / inheritance tax | Estate tax: no · Inheritance tax: no |
Good to know in Michigan
- If an insurer does not pay a claim on time, MCL 500.2006 requires it to pay 12% simple annual interest to the insured or beneficiary, starting 60 days after it receives satisfactory proof of loss (unless the claim is reasonably in dispute). Source
- DIFS runs a free Life Insurance and Annuity Search Service (LIAS) that forwards requests each month to every life and annuity company authorized in Michigan to help families find a deceased relative's policy; companies contact only beneficiaries or legally authorized people. Source
Carriers we work with that quote in Michigan
Final expense / burial: Aetna · American Amicable · American Home Life · Americo · Fidelity · Foresters · Mutual of Omaha · NewBridge · Royal Neighbors · Transamerica · UHL
Term life: American Amicable · Americo · Catholic Financial · Foresters · InstaBrain · John Hancock · Kansas City Life · Mutual of Omaha · National Life Group · Primerica · Protective · Royal Neighbors · SBLI · Transamerica · UHL
From our quoting system’s Michigan results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Michigan
- Figure out how much you need — final expense calculator or mortgage protection calculator.
- See typical prices by age — life insurance cost by age.
- Tell us your health history — we match you to the Michigan carrier most likely to approve you at the best price (condition guides).
- Apply by phone with an e-signature — many decisions are instant or same-day.
Michigan is home: see life insurance in Michigan and our Troy office.
Licensed in Michigan. Compare dozens of carriers in one free call — no pressure.
Get my quotes → Call 586-343-1505Sources: Regulator · Guaranty association · Free-look rule · Estate/inheritance tax
Straight answers
Life insurance in Michigan — FAQ
How long is the free-look period for life insurance in Michigan?
New individual life insurance policies sold in Michigan typically give you at least 10 days to review the policy and cancel for a full refund. The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Michigan?
The Michigan Life & Health Insurance Guaranty Association protects Michigan residents up to $300,000 in life insurance death benefits and $100,000 in cash value, subject to an overall per-person cap. It’s a backstop — choosing a financially strong carrier still matters.
Who regulates life insurance in Michigan?
The Michigan Department of Insurance and Financial Services (DIFS). You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Michigan by phone?
Yes. United Eagles Financial is licensed for life insurance in Michigan; most applications are done by phone or video with an electronic signature.