Insurance Group - Life Insurance
FIC Insurance Group
FIC Insurance Group Promise
insurance is a promise that at some point in time a company
will provide a benefit or source of income to an insured's
beneficiary. FIC Insurance Group believe the promise is much
more than that. It's a promise to continually innovate. It's
a promise to be there, no matter what happens. The financial
strength and integrity of their company is an important consideration.
As you explore, you will find a company whose characteristics
reflect a dedication to maintaining a financially solid company,
meeting your insurance needs and upholding traditional family
values. FIC Insurance Group not only believe in promises,
they believe "promises are made to keep."
...FIC Insurance Group believe in the service they provide
families. They believe in the inherent need for people to
embrace life. FIC Insurance Group believe in the human spirit
and in treating their customers, agents, shareholders and
employees with respect. They fully accept responsibility for
helping people ensure their futures and their peace of mind.
Insurance Group has a long history of exceptional leadership
and financial strength that started more than three decades
ago. As a young educator and basketball coach from a small
South Texas town, Roy Mitte ventured into the life insurance
industry. It wasn't long before Roy decided to start his own
insurance operation, which was the birth of Financial Industries
Corporation (FIC). His philosophy was to surround himself
with dynamic, hard-working people, keep costs low and maintain
a conservative investment philosophy that allows for steady,
profitable growth. In less than 15 years, consolidated assets
grew from $13 million to over $1 billion. As Chairman, CEO
and President, Roy Mitte has established FIC Insurance Group
as a leader in financial services.
FIC Insurance Group Products
life insurance or annuities can be a challenging adventure.
Unlike a car or computer, insurance is not tangible. You can't
touch it or feel it. You can't even test it to see if it works.
But come the time when you need it, it will be there for you.
Whether life insurance or annuities, it is important to understand
the options available to you and which products fit your needs
there are two types of life insurance: term and permanent.
Term insurance provides protection for a specified period
of time while permanent insurance protects you for a lifetime.
In addition, there are three types of fixed annuity products:
single premium, flexible premium or immediate. Each product
is designed for different people during different points on
their journey through life.
insurance provides protection for a specified period of time
and only pays a benefit if you die during that time. Most
term products have level premiums during the initial period
of protection and then offer a chance to renew at a higher
cost. Purchasing term insurance is similar to renting an apartment,
rather than buying a home.
premiums tend to be more affordable than permanent coverage.
This allows some people to purchase more protection for
for covering short-term needs such as cars, loans, mortgages,
features renewal and conversion options.
will increase as you grow older.
on the term and your age, coverage could be very expensive
to continue in later years.
cash accumulation or equity build-up.
Insurance Group offers a variety of term products through
thier life insurance companies (products may vary by state).
Please complete the information request form titled How Can
We Help You Today to request additional information on any
of FIC Insurance Group products.
FIC Insurance Group - Permanent Products
insurance provides protection for a lifetime, as long as you
pay the necessary premiums. The death benefit protection will
always be there when needed most. Permanent policies, such
as universal life, provide cash value accumulation on a tax
deferred basis. Funds accumulate in a "cash value"
account by applying a current interest rate to a portion of
the premium you pay and any accumulated amounts. You access
the cash value account through loans, withdrawals or by surrendering
the policy. Many people use these funds for education, retirement
added benefit of permanent protection is flexibility. With
universal life and other interest sensitive products, you
have the ability to adjust payment and protection levels.
This flexibility can play an important role as your needs
is guaranteed for a lifetime as long as the necessary
premiums are paid.
to meet changing needs.
value accumulation account that can be used for many needs.
or withdrawals can be taken from the cash value account.
costs more than term insurance.
premiums may make it difficult to purchase enough protection.
Insurance Group offers a variety of permanent products through
our life insurance (products may vary by state). Please complete
the information request form titled How Can We Help You Today
to request additional information on any of our products."
6500 River Place Blvd.,