Texas Term and Universal Life Insurance

Texas Life Insurance Resources

Universal Life Insurance allows you to choose from two death benefit options. Option A pays the death benefit out of the policy’s cash value; the more cash value you build up means the company is on the hook for less insurance (and therefore costs less). Option B pays the face amount stated in the contract, plus any cash values you accumulated over the years (costs more). Many UL policies today offer a no-lapse guarantee: as long as you pay the minimum designated premium, the Texas Term and Universal Life Insurance policy will stay in force to age 100 (or even to age 120). However, paying the minimum guaranteed premium is rarely sufficient to build up significant cash values.

Texas Department of Insurance – The state insurance department website includes consumer and licensee resources including a listing of all licensed life insurance agents and companies which make up the Texas Life insurance market..

Texas Life & Health Insurance Protection Association: The state life insurance guaranty association works to guarantee the safety of all Texas Life Insurance coverage, even in the face of an insolvency by a member life insurance company.

Texas Life Insurance Company Ratings: AM Best is the most prominent ratings company reviewing Texas Life Insurance Companies based on their ability to pay claims. At Life Insurance.Net we work only with A and A+ rated life insurance companies..
Life Insurance Carrier Ratings

Here is a complete list of the State Departments of Insurance

Learn more about our wonderful state. Check out Netstate’s Texas State Almanac
Our life insurance agents service all communities in Texas including:

  • Houston
  • San Antonio
  • Dallas
  • Austin
  • Fort Worth

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