Life of Texas - Life Insurance
Colonial Life of Texas
Life Insurance Company of Texas was chartered and has been
providing life and disablility coverages since 1978. The company
is located in Fort Worth, Texas, and is currently licensed
to issue coverages in Texas, Ohio, Virginia, and Arizona.
Colonial Life has maintained a steady profitable growth each
year, and now has Assets in excess of twelve million dollars,
and a Capital & Surplus in excess of nine million dollars.
Life Insurance Company of Texas is associated with Colonial
Savings, F.A. and Fort Worth Mortgage Company. With this close
relationship, Colonial Life has specialized in Mortgage Cancellation
Insurance, Decreasing Term, and Mortgage Disability types
of insurance coverages that support the mortgage loans being
managed by Colonial Savings, F.A.. A big advantage to the
Colonial Savings' customers is that the premiums may be added
and paid with the monthly mortgage payments.
addition to the four states listed above, Colonial Life Insurance
Company of Texas has agreements with several other Insurance
Companies which will allow them to provide insurance coverages
to Colonial Savings' customers in the other states.
Life Insurance Company of Texas has also developed coverages,
other than mortgage type insurance, that may be purchased
by individuals other than Colonial Savings' customers.
died tonight? Could your family make the mortgage payment
without you? What if you were sick or had an accident and
couldn't work? What then? Without a job, would you lose your
home because of your health?
There is no need to worry. If you qualify, mortgage insurance
coverage can be yours through Colonial Life Insurance Company
of Texas. You'll find that peace of mind can be quite affordable
with Colonial Life Insurance Company of Texas.
INSURANCE PRODUCTS AVAILABLE IN TEXAS
Various mortgage cancellation or decreasing term life coverages
are available that can provide coverages to pay off your mortgage
loan in case of your death. You may purchase the type of policy
to meet your mortgage needs with Colonial Life Insurance Company
Various disability coverages are available that can make your
mortgage payments for up to two years if you should become
disabled. Both "accident only coverages" and "accident
or sickness" coverages are available.
Accidental Death Or Disability Insurance - Plus 3
This is very affordable coverage that will pay off your mortgage
loan if you die from an accident and/or refund three months
of mortgage payments if you should become disabled due to
This is affordable 5 Year Renewable & Convertible Term
coverage that will make your mortgage payments for up to two
years following your death, plus an additional amount up to
$10,000 in a lump sum to cover final expenses. This will allow
your loved ones time to settle your affairs.
Benefit Whole Life Insurance
Various whole life coverages that may be issued for up to
$20,000 through age 75. Both single and joint lives coverages
available. Also, Easy Issue Whole Life available which may
be issued to persons with health problems by modifying the
benefits for the first two years.
Accidental Death & Dismemberment Insurance
With premiums of only $9.75 a month, this coverage will provide
a $1,000,000 benefit if death or dismemberment results from
an accident in a common carrier, $100,000 benefit if due to
an accident with a moving vehicle, or $25,000 if due to other
type of accident. Additional coverages for the family may
be included for a total monthly premium of $11.75.
Colonial Life Insurance Company of Texas has various other
coverages available for your protection. These include: 5
Year Renewable & Convertible Term, Family Accident, Annual
Renewable Term, and Hospital Confinement. Other type coverages
are being developed for future sales.
If you have a mortgage loan with Colonial Savings, for your
convenience, you may choose to have the premiums on any of
the Colonial Life's coverages added to your monthly mortgage
P.O. Box 2543