Are you and your loved
​ones prepared for the unthinkable?

The average total cost of a severe heart attack: 
​$1 Million​

Every 34 Seconds Someone has a heart attack... ​

​Galyon Insurance

Toll-Free: (877) 583-0010 | Local: (903) 583-0010 | Fax: (903) 640-9593 Email: paula@galyoninsurance.com


LIFE INSURANCE 


Knowing the Types of Life Insurances Available Helps  You Make Better Choices


Purchasing life insurance can be a difficult undertaking if you are not fully aware of the different types of life insurance, how they work, and what the costs involved for each of them might be and how that alone impacts your budget.  There basic types of life insurance are term, whole, and universal.  Each of these have their own characteristics and benefits, so it pays to know and understand as much as you can before settling on the policy that is right for you. 


To find out more information about each of the types listed below, click the "read more" link after each category below.


Term Life

Term life insurance is generally the least expensive type of life insurance for the amount of coverage you get and it is the easiest type of life insurance to understand. For these reasons, it is also the best type of life insurance for most people. Read more about Term Life Insurance...


Whole Life

In addition to providing a death benefit, a whole life insurance policy also accumulates cash value that is guaranteed to grow by a certain amount each year. As a result, whole life premiums are significantly higher than term life premiums for the same death benefit. Read more about Whole Life Insurance...


Universal Life

Universal life insurance is another type of permanent life insurance. It is similar to whole life in many ways, but offers greater flexibility. Read more about Universal  Life Insurance...


If you would like to discuss your life insurance needs directly, feel free to contact us by phone or email.  We'll be happy to assist you with any questions concerning how you can be better prepared and protected.