MK Low Cost
Life Insurance
What is Life Insurance?
Life insurance is a contract between an individual and an insurance company, where the insurer provides a lump-sum payment, known as a death benefit, to the policyholder’s beneficiaries in the event of their death. This financial protection helps cover expenses like debts, funeral costs, or provides ongoing support for loved ones. It offers peace of mind, ensuring that family members are taken care of when the unexpected happens.
About Me
My name is Michael Kellerman. With over 45 years of experience in the life insurance industry, I have mastered my craft and built a reputation for offering the lowest rates around. I understand that each individual has unique needs, which is why I provide a variety of life insurance policies tailored to suit everyone. Whether you’re seeking term life, whole life, or a specialized plan, my goal is to ensure you find the right coverage at an affordable price, offering you and your loved ones peace of mind for the future. We also insure individulas from age 8 until age 80 that has been declinded for medical conditions with other insurance companies. Now that you have tried the rest, come and insure yourself with the best.
Term Life Insurance
Term life insurance provides coverage for a specific period, typically 10, 20, or 30 years. If the policyholder passes away during the term, their beneficiaries receive a death benefit. It offers affordable protection with no cash value or savings component.
Whole Life Insurance
Whole life insurance provides lifelong coverage with a guaranteed death benefit for beneficiaries. It also builds cash value over time, which can be borrowed against or withdrawn. This policy combines protection with a savings component, offering long-term financial security.
Final Expense Insurance
Final expense insurance is designed to cover end-of-life costs, such as funeral and burial expenses. It provides a smaller death benefit, making it more affordable than traditional life insurance policies. This policy helps relieve loved ones of financial burdens during a difficult time.
Modified Issue Life Insurance
Modified issue life insurance offers coverage with limited underwriting, requiring fewer health-related questions or exams. It typically comes with a waiting period before full benefits are paid out. This policy is ideal for individuals who may have difficulty qualifying for traditional life insurance due to health concerns.
