Michael McGarrigle, Life Insurance Agent
Michael McGarrigle
Michael McGarrigle Inc
Life Insurance Agent Licensed in FL, DE, GA, HI, IN, MI, NC, OH, OK, PA, SC, TN, TX and WI
38+ Years of Experience
Contact Details
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Location
Melbourne, FL
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Website
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Schedule An Appointment
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Pre-Appointment Form
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Michael Can Help With:
About Me
Good day! My name is Michael, and I am passionate about helping people understand their life insurance choices. I provide no-cost guidance while reviewing options from top-rated companies, so you can feel confident knowing your family is taken care of.
Directions to My Office
My Google Reviews
95 Total Reviews (5.0)
July 30, 2026
Once my wife and I were ready for Medicare benefits, we spoke to friends and coworkers, several recommended we contact Michael McGarrigle. We reached out to Michael and we're so glad we did. He looked at our situation, presented our options and made it easy to choose. We highly recommend Michael McGarrigle.
July 29, 2026
I am so thankful to have found Mike! This transition in life is so daunting and he is making me feel safe to face it. He is obviously knowledgeable and clearly genuinely cares about his clients. He is truly a gift to those of us faced with complicated Medicare scenarios. He took away my anxiety about it. Highly recommend !
July 22, 2026
Very knowledgable and informative. Micheal guided both my wife and myself through our transition to Medicare and deciding on Supplement plans or Advantage plans. Mike knows his stuff and is great to work with
July 19, 2026
July 13, 2026
Mike is very informative with the different insurance companies and helpful with us in choosing the best insurance to meet our needs!
Q&A with Michael McGarrigle
Can I switch life insurance companies without losing coverage?
Answer: You will need to apply for a new policy to switch companies and retain the same level of coverage. Replacing life insurance can provide lower premiums, better benefits, or longer guarantees. Still, it also involves risks such as new underwriting, loss of existing policy advantages, and the restart of contestability and suicide exclusion periods. The existing policy should remain in force until the new policy is fully approved and active.
What is the most common mistake people make when buying life insurance?
Answer: In my opinion, the most common mistake is not getting enough life insurance. Work with a solid reputable insurance agent to determine the right amount of coverage.
How do you help a client decide between term and whole life insurance?
Answer: I conduct a financial and needs analysis to determine the appropriate amount and type of life insurance. I then review the client's goals, budget, and coverage needs, explain the differences between term and whole life insurance, and help them select the solution that best meets their objectives.
What is the difference between level term and decreasing term life insurance?
Answer: Level term has a level death benefit whereas decreasing term the death benefit decreases over the period of time. We typically use level term products rather than decreasing term.
Can I get life insurance if I'm overweight or obese?
Answer: Final expense insurance is generally a smaller face amount, permanent whole life insurance policy designed to help cover end-of-life expenses—hence the name. The death benefit is commonly used to pay for funeral and burial costs, outstanding medical bills, or other final debts.
Compared to traditional life insurance, final expense policies typically offer lower death benefits, simplified underwriting (often with no medical exam), and are easier for many older adults to qualify for. Traditional life insurance is usually purchased to provide larger amounts of financial protection, such as income replacement, paying off a mortgage, funding education, or leaving a legacy for loved ones.
Is whole life insurance the same as permanent life insurance?
Answer: Whole Life is permanent life insurance, but not all permanent life insurance is whole life. Other types of permanent life insurance include:
Universal Life (UL): More flexible premiums and death benefits, with interest credited to cash value.
Indexed Universal Life (IUL): Cash value growth is tied to the performance of a stock market index (subject to caps, floors, and participation rates).
Variable Universal Life (VUL): Cash value is invested in market-based subaccounts, so it has greater growth potential but also greater investment risk.