Life Insurance 101

 

We wanted to share with you one of the best ways to show love to those you love the most, which is life insurance. Life insurance answers the question and uncertainty of how your family will manage should death occur. A good plan’s payment can be used to cover daily living expenses, mortgage payments, outstanding loans or debts, and other essential expenses. Most importantly, death benefit proceeds of a life insurance policy are almost never subject to federal income taxes.
 
Life Insurance 101
 
 
No one really wants to think about life insurance. But if someone depends on you financially, it’s a topic you can’t avoid. In the event of a tragedy, life insurance proceeds can:
  • Pay for funeral costs
  • Help pay the bills and meet ongoing living expenses
  • Pay off outstanding debt, including credit cards and the mortgage
  • Continue a family business
  • Finance future needs like your children’s education
  • Protect a spouse’s retirement plans
Getting life insurance doesn’t have to be hard (or boring). We have some easy steps for you to walk through to see what type of life insurance is right for you and get a sense of how much you need. So why not get started by giving us a call today!
Information from www.lifehappens.org
 
 

Did you Know?

We offer a wide variety of insurance products to include Home, Auto, Life, Annuities, Motorcycle, RV, ATV, Boat, Small Business, Rental, Umbrella, and Equine Mortality/Major Medical coverage.
Galvin Agency is here to help you with insurance questions, needs, and claims. We are here to assist you and our job is to make sure you feel protected and knowledgeable. Thank you for your business and we look forward to talking with you soon!
No person associated with this news letter receives any form of compensation for any products mentioned, nor should any mention of a particular product be considered an endorsement of that product. This newsletter is for informational purposes only and should not be considered authoritative on any topic. Please seek advice from an appropriate professional on any specific issue.

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Fax: 979-314-7136

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