A Simple Act of Love

 

We love February, because it’s a month where we celebrate love! We wanted to share with you one of the best ways to show a simple act of love, which is life insurance. Providing for your loved ones even after you’re gone is a leading reason to buy life insurance. It’s about being prepared for the unexpected, and giving yourself the peace of mind that comes with knowing you’ve taken that extra step toward securing what matters most.

Types of Life Insurance

No one really wants to think about life insurance. But if someone depends on you financially, it’s a topic you can’t avoid. There are two main types of Life insurance:
 
Term Life
Term life insurance provides protection for a specific period of time (the term). This is often 10, 20 or 30 years. Term life insurance makes sense when you need protection for a specific amount of time–for instance, until your kids graduate from college or your mortgage is paid off.
Term life insurance typically offers the most amount of coverage for the lowest initial premium. This makes this type of life insurance policy a good choice for those on a tighter budget.
 
Permanent Life
Permanent life insurance provides lifelong protection for as long as you pay the premiums. It also accumulates cash value on a tax-deferred basis, which you can tap into to buy a home, supplement your retirement income, cover an emergency expense and more.
Because of these additional benefits, initial premiums are higher than what you’d pay for a term life insurance policy with the same amount of coverage.
 
 
Our company offers a wide range of life insurance products to suit a variety of needs and situations. Start the conversation today by giving us a call to set up an appointment. We can help you find a life insurance solution that works for you and your family.
 
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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