If you are looking for life insurance in Michigan, you might want to compare the policies, plans, benefits, cash value, investments and average annual cost of the top 5 life insurance companies in the state. Here is a brief overview of each company and their local information.
- **MassMutual**: This company offers term, whole, universal and variable universal life insurance policies with various riders and options. Some of the benefits include living benefits, guaranteed death benefit, cash value accumulation and tax advantages. The average annual cost for a 10-year term policy with $250,000 coverage for a 32-year-old male is $119.88. The local information for MassMutual is:
- Address: 3000 Town Center Suite 3100 Southfield, MI 48075
- Phone: (248) 357-8988
- URL: https://www.massmutual.com/mmg-pages/3000-town-center
- **Transamerica**: This company offers term, whole, universal, index universal and final expense life insurance policies with various features and benefits. Some of the benefits include flexible premiums, cash value growth potential, living benefits and tax benefits. The average annual cost for a 10-year term policy with $250,000 coverage for a 32-year-old male is $181.08. The local information for Transamerica is:
- Address: 39555 Orchard Hill Place Suite 600 Novi, MI 48375
- Phone: (248) 344-9500
- URL: https://www.transamerica.com/individual/
- **Nationwide**: This company offers term, whole, universal and variable universal life insurance policies with various options and riders. Some of the benefits include level premiums, guaranteed death benefit, cash value accumulation and tax benefits. The average annual cost for a 10-year term policy with $250,000 coverage for a 32-year-old male is $127.56. The local information for Nationwide is:
- Address: 17197 N Laurel Park Dr Suite 216 Livonia, MI 48152
- Phone: (734) 464-1100
- URL: https://agency.nationwide.com/mi/livonia/48152/phil-klebba
- **Mutual of Omaha**: This company offers term, whole, universal and indexed universal life insurance policies with various features and benefits. Some of the benefits include level premiums, guaranteed death benefit, cash value growth potential and living benefits. The average annual cost for a 10-year term policy with $250,000 coverage for a 32-year-old male is $134.64. The local information for Mutual of Omaha is:
- Address: 39500 High Pointe Blvd Suite 450 Novi, MI 48375
- Phone: (248) 344-4646
- URL: https://agents.mutualofomaha.com/michigan/novi/
- **State Farm**: This company offers term, whole and universal life insurance policies with various options and riders. Some of the benefits include level premiums, guaranteed death benefit, cash value accumulation and tax benefits. The average annual cost for a 10-year term policy with $250,000 coverage for a 32-year-old male is $279.60. The local information for State Farm is:
- Address: 4340 Three Mile Rd N Traverse City MI 49686
- Phone: (231) 938-1640
- URL: https://scotttilford.com/