AAA Survey – A Case Study and Conclusion: Do I Need Life Insurance

Have you ever thought, “Do I really need life insurance?” If you have, you’re not alone. Many people assume they’re healthy, debt-free, or that nothing “bad” will happen. But here’s the truth: life is unpredictable, and your family’s financial security could be at risk if you wait too long.

On 9/29/17, WOOD-TV 8 (NBC Television in Grand Rapids, MI) ran a report relating to some common life insurance facts and several misconceptions of consumers. As a company, we’ve heard many of these myths ourselves, so it’s eye-opening to see them highlighted by local news.

Even more striking: AAA conducted a survey in Michigan and found that roughly one-third of residents do not have life insurance. That’s millions of families potentially leaving loved ones unprotected.

Seeing these numbers makes it clear why reviewing your life insurance coverage is so important. Even if you’re young, healthy, and feel financially secure today, the unexpected can happen — and it’s always better to be prepared.

In a 2017 AAA survey of Michigan residents, about one-third of adults did not have life insurance by choice. That’s nearly 3.3 million people in just one state! While this data is a few years old, the takeaway is clear—millions nationwide may not have protection for the ones they care about most.

Life insurance isn’t about you—it’s about your loved ones. It’s about making sure your family isn’t left with unpaid debts, funeral costs, or a financial mess if the unthinkable happens. Even if you’re young, healthy, and feel invincible, accidents and health events happen every day. None of us have a crystal ball.

Why Waiting Can Put Your Family at Risk

Think about it: if you’re the primary earner, do your loved ones have enough saved to cover mortgage payments, college costs, medical bills, or everyday living expenses if you suddenly pass away? Many families would struggle immediately.

Even for those with pre-existing health conditions, coverage is still available. That’s where we come in at Special Risk Life Insurance. We specialize in high-risk cases and work as independent brokers on your behalf, not for any insurance company. That means you get unbiased advice and access to multiple companies to find the coverage that works best for your health, budget, and family situation.

Life Insurance Doesn’t Have to Break the Bank

Many people overestimate the cost of life insurance. Basic term life can be incredibly affordable—especially if you act sooner rather than later. Your younger and healthier you is, the less expensive coverage tends to be. But even for high-risk candidates, there are tailored solutions that provide peace of mind without overpaying.

We’ve helped people from young adults to seniors find coverage that fits their needs. It’s not about selling a policy; it’s about planning for the unexpected and protecting what matters most.

Take Action Before It’s Too Late

Life insurance is about planning for the unexpected. It’s about protecting your family and giving yourself peace of mind. Waiting or assuming you’ll be fine could leave your loved ones financially vulnerable.

Whether you are healthy, have pre-existing conditions, or are considered high-risk, Special Risk Life Insurance can help you find solutions that work. Don’t leave it to chance—your family deserves protection, and you deserve peace of mind.

Help or any questions? Phone: 269-230-3464

M. J. Flajole

Michael is a veteran independent life and health insurance agent who specializes in guiding people with even high risk health conditions thru the insurance process.  He is passionate about helping individuals and families get their unique financial protection needs met, providing his experienced based advise and delivering affordable, dependable coverage you can count on.