About Us
Our team has been servicing the Bonham community since 1917. Our goal is to meet and exceed all of your expectations by utilizing all of our resources to design insurance programs for you and your businesses.
Personal Insurance
Helping you determine what coverages are right for you -- whether your home, your car, or your valuables is our number one priority. We will diligently represent you with our carrier partners to insure you have adequate coverage at a price you can afford.
Business Insurance
As a business owner, you have many a sleepless night worrying about your business and your employees. Let our team help you by designing an insurance portfolio that protects you, your business, and your most important asset, your employees.
Client Service Center
Client Service is very important to us. No matter what time of the day or night. We have prepared our Resource Center with tools, forms, and quote requests, to make it easy to contact the agency.

Life Insurance

How much life insurance do you need? There are a number of factors to consider in determining how much life insurance could be appropriate for you including:

  • Who depends on you for their well being?
  • How much do you earn yearly? One rule of thumb is to think in terms of insurance coverage representing 5 to 7 times your annual earnings, after taxes. That way those left behind will be supported while they get back on their feet.
  • What debts do you have? If they can be paid off with life insurance proceeds, it can take a burden off your family.
  • How close you are to retirement? Generally, the closer you are to retirement the less life insurance you might need.

In addition, some other factors to consider include, if your spouse is working, would you want to provide college funding for your children and possible estate taxes.

We take the time to understand your needs to determine the amount of insurance appropriate for your unique situation.  We then can recommend different insurance product options to fit both your needs and your budget. 

 

Types of Life Insurance:

There are several different types of life insurance products available.
The most common include:

Term Life Insurance

Term provides life insurance protection for a specified period of time. If you do not currently have life insurance, term can be a good place to start. It's generally less expensive than permanent life insurance, and is available in varying term periods with fixed premiums from a one- (annual renewable term) to 20-year period (level term). Furthermore, term insurance is sometimes convertible to permanent coverage, providing you with flexibility as your needs change.

Whole Life Insurance

Whole life is a form of permanent life insurance that remains in force during the insured person's lifetime, provided premiums are paid as specified in the policy. Whole life insurance can build cash value.

Universal Life Insurance

Universal life is a form of permanent life insurance characterized by its flexible premiums, flexible face amounts and unbundled pricing structure. Universal life can build cash value, which earns an interest rate that may adjust periodically, but is usually guaranteed not to fall below a certain percentage.

Call us today to find out more about this valuable protection benefit.