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Best Life Insurance Companies in Detroit, MI

Our Recommended Top 18

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Detroit Life Insurance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

40408Reviewed

24252Curated

18Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

575 East Big Beaver Road, Troy, MI 48083
WebsiteLicense: 960620

Expertise.com Rating

Review Sources

Facebook
5.0 (4)
Yelp
5.0 (1)

Why choose this provider?

Plan IV provides personal and professional financial services for clients in Detroit. Its range of products and services includes life insurance, health insurance, long-term care insurance, and disability insurance. It also provides identity theft protection, travel insurance, and Medicare supplement plans. Additionally, the company offers personal finance assistance and HR outsourcing services. The company's founders and CEOs, Clarence Simonis and Thomas Miszcak, have been in the insurance industry since the 1970s. They established the company in 1984.

  • Life Insurance
  • Health Insurance

7125 Orchard Lake Road, West Bloomfield Township, MI 48322
WebsiteLicense: 16189211

Expertise.com Rating

Review Sources

Google
5.0 (585)
Facebook
5.0 (31)
Yelp
5.0 (10)

Why choose this provider?

Phil Klein Insurance Group is an independent insurance agency that has been serving the residents of Detroit for over a decade. It provides term life insurance and permanent life insurance, as well as long-term care insurance and disability insurance. PKIG is partnered with over 50 top-rated insurance carriers such as Prudential, Pacific Life, Ethos, and Mutual of Omaha. The company's founder Philip Klein has been working in the insurance and financial services industry for more than two decades.

  • Life Insurance
  • Long Term Care

19304 Wyoming St, Detroit, MI 48221

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

Lifestyle Safety, LLC is a life insurance agency in Detroit. The agency offers health insurance coverage, life insurance, and income protection insurance for individuals, families, and small employer groups. It also provides a special program for the elderly, which helps ensure that older clients have financial peace of mind and are protected beyond Medicare and social security. Lifestyle Safety, in partnership with CleverRX, provides a discount plan for prescription drugs as well.

2769 Coolidge Highway, Berkley, MI 48072
WebsiteLicense: 18005407

Why choose this provider?

LYFE Benefits & Insurance Solutions LLC is a risk management specialist that helps individuals and businesses in Detroit. Its team of agents assists employers in providing life and health insurance for their workers. In addition, they furnish long-term care, disability, and life insurance policies for families and individuals. LYFE Benefits & Insurance Solutions also offers HR consulting services. The company is headed by David Engle, who is an insurance broker with a background in finance and healthcare.

  • Life Insurance
  • Long Term Care

28 W. Adams Ave. Suite 1600, Detroit, MI 48226
WebsiteLicense: 9074812

Why choose this provider?

Catalyst Solutions Group is an independent company that offers insurance products in the Detroit metro. It caters to families and business owners, helping them obtain life insurance plans to protect them from financial losses caused by estate taxes and personal debts. The firm also handles estate preservation, disability and long-term care insurance, corporate retention strategies, and business succession services. One of its agents, Clune Walsh, is a CLU and ChFC. He is also a member of the National Association of Pension Consultants.

  • Life Insurance

24681 Northwestern Hwy Ste 3006, Southfield, MI 48075

Expertise.com Rating

Review Sources

Google
5.0 (59)
Facebook
5.0 (26)

Why choose this provider?

Erica Lindsey, The Insurance Lady is an insurance broker serving the life and health insurance needs of area customers. Erica Lindsey has more than 15 years of experience in the insurance sector, and she leverages her experience as an independent agent to help her customers find the best deals on needed whole and term life insurance policies. She works with well-known national companies, including Bristol West, Foremost, an Arrowhead General Insurance Agency Inc.

1350 East West Maple Road, Walled Lake, MI 48390
WebsiteLicense: 0116255

Expertise.com Rating

Review Sources

Facebook
5.0 (2)

Why choose this provider?

Katie Jones is an insurance agent who works for State Farm. Serving Detroit and its nearby communities, Katie walks clients through available life insurance options, such as term, whole, and universal life insurance, and helps them choose suitable coverage, which includes cash values that accumulate over time. Katie also carries a range of insurance solutions, including auto, property, home, and health insurance plans. Moreover, she addresses the insurance needs of small businesses.

  • Life Insurance
  • Health Insurance

41000 Woodward Ave Ste 350BLDG, Bloomfield Hills, MI 48304

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

D. E. Irwin Insurance Agency is a life/health insurance agency serving the entire Detroit metro area. The business is an independent agency that represents many national insurance carriers, including Aetna Coventry, UnitedHealthCare, AARP, BlueCross BlueShield, and Cigna, among many others. Its personal lines include whole and term life insurance, individual health insurance, family health insurance, Medicare plans, individual disability policies, and dental insurance. Additionally, D. E. Irwin Insurance Agency offers long-term care insurance.

26503 Harper Ave, Saint Clair Shores, MI 48081

Expertise.com Rating

Review Sources

Yelp
5.0 (22)

Why choose this provider?

Michigan Insurance and Financial Services offers life insurance policies for Detroit clients. Its well-trained team of agents is ready to help clients choose the best policies for their life situations, based on what they need to protect, with insurance products that include traditional whole life, variable universal life, and universal life policies. Some of the nationally acclaimed companies working with this independent insurance company include Prudential, Berkshire Hathaway Insurance Companies, The Hartford, and Bristol West, among others.

41575 Joy Rd Ste 100, Canton, MI 48187

Expertise.com Rating

Review Sources

Google
4.9 (255)
Yelp
5.0 (1)

Why choose this provider?

Loyalty Insurance helps Detroit customers find the right life insurance solutions for their needs. The agency offers two basic types of life insurance, including term insurance and permanent, whole life policies. Its licensed and qualified insurance professionals pride themselves on helping customers select appropriate policies to meet their objectives and financial goals. It offers other personal lines of insurance, including homeowners, renters, and auto insurance. Its business lines include workers comp and specialty policies for businesses such as tanning salons.

23738 Joy Rd, Redford, MI 48239

Expertise.com Rating

Why choose this provider?

Sharpe & Associates Insurance Agency provides life and health insurance for customers throughout the Detroit metro area. It sells a wide variety of insurance products as an independent agency that connects customers with large, national insurance companies. Its life insurance policies range from term life to whole and universal life offerings. It offers individual medical health insurance, business and commercial health insurance, vision and dental coverage, and Medicare supplement plans.

14405 Northline Rd, Southgate, MI 48195

Expertise.com Rating

Review Sources

Google
4.3 (53)

Why choose this provider?

Gary K. Smith Insurance Agency is a life insurance company near Detroit offering various policies and products for local customers. This full-service, family-owned and operated agency has more than 50 years of experience helping area customers get the coverage they need to protect their families, their assets, and their homes from unanticipated loss. Whole life and term life policies are available from top companies. The business is a member of the Independent Insurance Association.

1535 Sixth St, Suite 1, Detroit, MI 48226
WebsiteLicense: 961877

Expertise.com Rating

Review Sources

Facebook
4.6 (31)
Google
3.9 (7)

Why choose this provider?

Diebold Insurance Agency offers individual and group life plans to clients in Detroit. Its agents guide consumers in understanding their options in order to pick plans that suit their needs and budgets. They inform clients about life protections and specific coverages like mortgage protection, business partnership, future education costs, and end-of-life expenses. Diebold Insurance Agency started with a team of five members in its original West Branch office. CEO Kevin Elliott is a Certified Insurance Counselor.

  • Life Insurance
  • Health Insurance
  • Individual Plans

12850 Eureka Rd, Southgate, MI 48195

Expertise.com Rating

Review Sources

Google
5.0 (68)
Facebook
5.0 (8)

Why choose this provider?

Grendel-Wittbold Insurance is a life insurance agency near Detroit offering policies for individuals and families. Founded in 1952, the agency offers both term and whole life insurance and has an online form for quoting purposes. This independent agency shops over 10 national insurance companies to help customers get the best rates and terms on life insurance. The agency also sells auto, homeowners, RV, rental, and umbrella policies and business insurance policies, including workers comp, commercial auto, and general liability.

7100 W 7 Mile Road, Detroit, MI 48221
WebsiteLicense: 19627839

Expertise.com Rating

Review Sources

Google
4.9 (69)

Why choose this provider?

Crystal Robertson is a State Farm insurance specialist who provides products and services in the Detroit metro. She offers a range of personal insurance, including life policies. She accommodates families and individuals who want to purchase universal, whole, and term coverages. Robertson also helps policyholders change their life insurance policies and beneficiaries. She also deals with health, homeowners', renters', vehicle, BOP, and workers' compensation insurance. She also caters to customers who need assistance with their mutual funds and estate planning.

  • Life Insurance
  • Health Insurance

30701 W 10 Mile Rd Ste 400, Farmington Hills, MI 48336

Expertise.com Rating

Review Sources

Facebook
5.0 (9)
Google
4.0 (2)

Why choose this provider?

Bergstrom Insurance Agency serves the Detroit area, offering an array of insurance products, including health and life insurance. Founded in 1958, this fully licensed insurance agency writes policies throughout the state of Michigan and is a family-owned agency. Personal, commercial, and church lines area available. Term and whole life policies, long-term care policies, disability policies, and annuities are available. The agency exclusively writes health insurance policies for Blue Cross/Blue Shield of Michigan.

17515 West Nine Mile Road, Southfield, MI 48075
WebsiteLicense: 7068206

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Speir Financial Services is an insurance provider serving clients in Detroit and nearby areas. This fully independent company specializes in accommodating individuals and families, providing them policies for individual and group life coverages. It offers other insurances like health coverage, disability and business overhead coverage, annuities, and long-term care insurance. Its financial programs include personal estate analysis and planning, wealth management, and retirement planning. The company was founded by James J. Speir who is an independent investment advisor representative.

  • Life Insurance
  • Health Insurance
  • Individual Plans

7725 W Vernor Highway, Detroit, MI 48209
WebsiteLicense: 8547803

Expertise.com Rating

Review Sources

Google
4.8 (110)
Yelp
1.0 (1)

Why choose this provider?

PD Dandnaik is a State Farm agent who provides the insurance needs of individuals, families, and business owners in the Detroit metro. He offers an array of products and services, including life insurance plans. He assists customers in obtaining universal, whole, and term coverages. The insurance agent also deals with other personal and business policies, such as homeowners', renters', health, workers' compensation, and liability umbrella insurance. Dandnaik gives back by supporting State Farm's Neighborhood of Good and Community Offers Program.

  • Life Insurance
  • Health Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Plan IV
575 East Big Beaver Road, Troy, MI 48083
Phil Klein Insurance Group
7125 Orchard Lake Road, West Bloomfield Township, MI 48322
Lifestyle Safety
19304 Wyoming St, Detroit, MI 48221
LYFE Benefits & Insurance Solutions LLC
2769 Coolidge Highway, Berkley, MI 48072
Catalyst Solutions Group
28 W. Adams Ave. Suite 1600, Detroit, MI 48226
Erica Lindsay - The Insurance Lady, Agency
24681 Northwestern Hwy Ste 3006, Southfield, MI 48075
Katie Jones
1350 East West Maple Road, Walled Lake, MI 48390
D. E. Irwin Insurance Agency
41000 Woodward Ave Ste 350BLDG, Bloomfield Hills, MI 48304
Michigan Insurance and Financial Services
26503 Harper Ave, Saint Clair Shores, MI 48081
Loyalty Insurance
41575 Joy Rd Ste 100, Canton, MI 48187
Sharpe & Associates Insurance Agency
23738 Joy Rd, Redford, MI 48239
Gary K Smith Insurance Agency
14405 Northline Rd, Southgate, MI 48195
Diebold Insurance Agency
1535 Sixth St, Suite 1, Detroit, MI 48226
Grendel-Wittbold Insurance
12850 Eureka Rd, Southgate, MI 48195
Crystal Robertson
7100 W 7 Mile Road, Detroit, MI 48221
Bergstrom Insurance Agency
30701 W 10 Mile Rd Ste 400, Farmington Hills, MI 48336
Speir Financial Services
17515 West Nine Mile Road, Southfield, MI 48075
PD Dandnaik
7725 W Vernor Highway, Detroit, MI 48209

FAQs

  • How does the free look period work for life insurance policies in Detroit under Michigan's insurance code?

    Detroit residents have a 10-day free look period under section 500.4015 to reconsider their life insurance policies. If unsatisfied, they can cancel, ensuring a full refund of premiums and fees. This cancellation requires returning the policy with written notification. The period extends to 15 days if the policy arrives more than five days after policy details are provided to the applicant. Comparisons with other policies are encouraged.

  • What should Detroit residents consider when thinking about replacing their life insurance policy?

    In Detroit, before swapping life insurance policies, ensure the new policy is approved and suits your terms. Retain the current policy until you've thoroughly assessed the new one. Modifying existing policy conditions could be beneficial in terms of time and cost. It's crucial to ascertain whether the new policy’s coverage matches your needs. If uncertain, request an illustration from your agent, comparing present and potential benefits.

  • How can Detroit residents benefit from obtaining life insurance at a younger age?

    For Detroit residents, securing life insurance early offers financial safeguards, particularly when dependents are involved. Younger, healthier individuals typically receive more favorable rates. As one ages and financial scenarios evolve, life insurance can aid in estate planning, ensuring smoother asset transitions across generations. While there are potential tax advantages, consulting a tax expert prior to purchasing for such reasons is imperative.

  • What should Detroit residents be aware of regarding policy rescission within the two-year contestability period?

    In Detroit, insurers can only nullify a policy within two years after application submission. If a provider examines the application for discrepancies after the insured's death, it's termed "postclaim underwriting." If someone dies within this timeframe, insurance companies scrutinize their medical and lifestyle records for potential misrepresentation grounds. Intriguingly, the misrepresentation doesn't need to relate to the cause of death to invalidate the policy.

  • How does the Michigan Life and Health Insurance Guaranty Association protect Detroit residents' life insurance policies?

    For Detroit policyholders, the Michigan Life and Health Insurance Guaranty Association acts as a safety net. Even if their life insurance provider faces bankruptcy or is sold, their coverage remains intact. Valid policies from Michigan-licensed insurers are backed, ensuring death benefits. Additionally, Michiganders are safeguarded up to $300,000 for death benefits and $100,000 for cash values in permanent policies, covering potentially multiple policies.

  • Which is better, term or whole life insurance?

    Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

  • How much life insurance do I need?

    A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

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