Heart of Texas Insurance

for Individuals, Families and Self-Employed
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Life Insurance
 
Contentment, through peach mind, is the greatest source of happiness.
 
Protect you family's future with Life Insurance.
Buying Life Insurance
  • Review your needs and circustances.
  • Buy from top-rated companies with superior financial ratings.
  • Pick a plan you know you can afford.
  • Review the application to be sure the policy meets your needs.
  • Don't buy life insurance, unless you intend to stay with your plan.
  • Don't drop one policy for another, because replacing your policy can be costly.

 

Why Do You Need Life Insurance?

  • Last expense
  • Current debts
  • Mortagage
  • Income continuation for family
  • College education
  • Cinderella wedding
What Kind of Insurance Do You Need?
Some policies give coverage for your lifetime, while others cover you for a specific number of years.  Some policies build cash values and others do not.
Advantages of Term
  • Lower cost in early years
  • Customized to last for a specific number of years
  • Option to exchange the policy for permanent coverage without showing evidence of good health

Disadvantages of Term

  • Increasing premiums
  • No cash accumulation
  • Failure to pay premiums ends coverage
  • Need may extend beyond length of contract

Advantages of Permanent

  • Lower cost in later years
  • Permanent coverage
  • Cash value accumulation,
    protected from claims of creditors

Disadvantages of Permanent

  • Higher initial cost