OUR FAMILY1® PRENEED INSURANCE
With Texas Service Life, the following options are available:
Following industry standards, all plans are subject to a two-year contestability period. Talk to your TSL Agent to determine the right plan and payment options for you.
This plan is available for applicants in excellent health. Payment options include a single payment, or 3, 5 7 and 10 years and covers 100% of the cost of your pre-arranged funeral as long as you qualify and payments are made as scheduled.
This plan is available for people who do not qualify for our Full Benefit plan due to health issues. Our Graded Benefit Life Insurance Plan pays a death benefit according to the table shown below. The funeral home is entitled to collect the difference, if any, between the total contract price and the death benefit at time of death.
MONTHLY INCREASING BENEFIT
Everyone qualifies for a Monthly Increasing Benefit Plan. As long as payments are made as scheduled, coverage is based on the amount paid until the time a claim is filed. Once payments are completed, your policy will have its full benefit value.