Life Insurance Coverage

Securing Your Future with M.H. Smith Life Insurance

Life is unpredictable, but with M.H. Smith Insurance, you can secure your future with confidence. Our life insurance policies are designed to provide you with the peace of mind you need, knowing that your loved ones will be taken care of. We offer:

• Personalized life insurance policies
• Expert insurance agents
• Wide range of insurance carriers

Reach out to M.H. Smith Insurance to secure your future today.

Why Life Insurance is Essential

Life insurance is more than just a policy; it's a promise to protect your loved ones. Here's why it's beneficial:

• Financial security for your loved ones
• Peace of mind knowing they're protected
• Planning for unexpected events

Get in touch with M.H. Smith Insurance to learn more about our life insurance policies.

Choosing M.H. Smith Insurance

At M.H. Smith Insurance, we're committed to providing you with the best life insurance solutions. Here's why you should choose us:

• Over 60 years of experience
• Locally owned and serving Wisconsin and Minnesota
• Meeting clients at their home or business for personalized service
• Licensed professionals to guide you

Don't wait. Contact M.H. Smith Insurance to secure your future today.

Contact Us

Ready to secure your future with a life insurance policy? Get in touch with M.H. Smith Insurance. We're here to help you navigate the complexities of life insurance, ensuring you and your loved ones are protected.

Make Sure You're Covered for Life

The thought of buying life insurance can be scary, but you want to make sure you and your loved ones are covered in the event something happens to you. We offer whole and term life insurance coverage for people of all ages!

Life Insurance: Where Do I Start?

How do I know how much life insurance I need? How do I know if I need term insurance or whole life insurance?

Coverage Amount

To determine the amount of coverage:

• Add your outstanding debt.
• Mortgage balance
• Student loan balance, car loans, personal loans
• Credit card debt
• Any other outstanding debt
•  Add a comfortable amount for funeral expenses (between $10,000 and $15,000).
• Subtract other life insurance coverage that you have in place.

This total number represents the minimum amount of coverage you need. After finding this number, complete the optional steps of adding:

• Enough coverage to replace six months to one year of your income (optional).
• An amount to provide for the educational expenses of your children (optional).
• Any amount that you wish to leave as an endowment to a church or other organization (optional).

This total number represents your desired amount of life insurance coverage.

Type of Coverage

Term Life Insurance

• Term life insurance means you are essentially renting an amount of coverage that is price-locked for the length of the term.
• Things to consider when determining the length of the term include:
• How many years do you have left on your mortgage?
• What is the age of your youngest child?
• Health history changes. By locking in a longer term of coverage, you protect yourself from paying a higher rate later or being denied coverage in the future.

Whole Life Insurance

• Whole life insurance means you are purchasing a life insurance policy today that will continue until death or age 100+ (refer to the life insurance company's illustration for the exact age).
• When purchased for a child, this provides a lifetime of insurance at the lowest premium possible and builds cash value.
• Purchasing a whole life insurance policy is having peace of mind that your funeral expenses will be covered and not left as a financial burden to your loved ones.

Budget

Sharing your ideal budget amount with your agent allows them to customize a program to help meet as many of your needs as possible.

Contact M.H. Smith Insurance today and let us help you find the right life insurance policy.