Life insurance companies in Texas play a pivotal role in financial security, providing essential coverage to protect families against unforeseen circumstances. The industry has evolved, offering a wide range of products from basic term insurance to complex whole life policies and annuities. Many of these companies cater to specific demographics, emphasizing personalized service and community involvement. Additionally, as technology advances, the sector is increasingly adopting digital platforms, streamlining the application process and enhancing customer engagement. With a growing focus on financial wellness and education, the future for life insurance in Texas appears optimistic, heralding new opportunities for innovation and client relationships.

This compilation features 21 notable life insurance companies based in Texas, showcasing various company sizes and specialties. Headquartered primarily in cities like Dallas, Waco, and McKinney, these companies were established between 1900 and 2021, offering an array of products including life, health, and supplemental insurance. While some operate on a corporate model, others maintain independent structures, providing a balanced view of the market. Their focus ranges from community-based initiatives to tech-driven solutions, highlighting the industry's dynamic nature.

Read on to uncover the top life insurance companies in Texas.

Top 21 Life Insurance Companies in Texas

1. American National

• Website: americannational.com
• Ownership type: Corporate
• Headquarters: Galveston, Texas, United States (USA)
• Employee distribution: United States (USA) 99%
• Latest funding: $5.1B, August 2021
• Founded year: 1905
• Headcount: 1001-5000
• LinkedIn: american-national-insurance

American National Insurance Company, headquartered in Galveston, Texas, has been a player in the insurance industry since its founding in 1905. The company provides a wide array of insurance products, prominently featuring life insurance, annuities, health insurance, and property insurance. With a workforce of over 5,000 employees, American National operates in all 50 states and Puerto Rico, catering to both individual and business clients. Their life insurance offerings are designed to help customers manage financial risks and secure their financial futures. The company also engages in various financial services, including pension products and credit insurance. In August 2021, American National secured a significant funding amount of $5.1 billion, underscoring its financial stability and growth prospects in the competitive insurance market.

2. American Income Life Insurance Company

• Website: ailife.com
• Ownership type: Corporate
• Headquarters: Waco, Texas, United States (USA)
• Employee distribution: United States (USA) 93%, Canada 5%, Other 1%
• Latest funding: November 1994
• Founded year: 1951
• Headcount: 5001-10000
• LinkedIn: american-income-life

American Income Life Insurance Company, headquartered in Waco, Texas, is an insurance provider that specializes in life and supplemental health insurance products. Established in 1951, AIL primarily serves working families, labor unions, and associations, aiming to protect them from financial difficulties arising from unexpected events. The company has a strong emphasis on community involvement, often engaging in charitable activities and supporting causes that resonate with its policyholders. AIL operates internationally, with a presence in the United States, Canada, and New Zealand, and is a wholly-owned subsidiary of Globe Life Inc., an S&P 500 company. In 2023, AIL paid out over $280 million in life insurance claims, reflecting its financial strength and commitment to its clients. The company prides itself on its union label status, ensuring that all aspects of its operations, from agents to executives, align with its mission to support working families.

3. Liberty National Life Insurance Company

• Website: libertynational.com
• Ownership type: Private
• Headquarters: Mckinney, Texas, United States (USA)
• Employee distribution: United States (USA) 94%, South Africa 4%, Other 1%
• Founded year: 1900
• Headcount: 1001-5000
• LinkedIn: liberty-national-life-insurance-company

Liberty National Life Insurance Company, based in McKinney, Texas, has been a player in the insurance industry since its inception in 1900. The company specializes in life insurance and supplemental health insurance products, catering primarily to individuals seeking financial security for themselves and their families. Liberty National offers a range of policies, including term life, whole life, and final expense insurance, as well as supplemental health products like cancer and critical illness coverage. The company operates primarily in the United States, with a small presence in South Africa. As part of Globe Life Inc., Liberty National benefits from a robust support structure and a reputation for reliability in the insurance market. The company has not reported any recent funding, indicating stability in its operations and a focus on organic growth.

4. Texas Farm Bureau Insurance Companies

• Website: txfb-ins.com
• Ownership type: Private
• Headquarters: Waco, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1950
• Headcount: 501-1000
• LinkedIn: texas-farm-bureau-insurance-companies

Texas Farm Bureau Insurance Companies, founded in 1950 and based in Waco, Texas, operates as a private insurance agency. With a workforce of approximately 501 to 1000 employees, the company provides a variety of insurance products, including auto, home, farm, ranch, and life insurance. They cater to consumers looking to protect their assets and manage risks through a network of agents. The company is particularly noted for its customer satisfaction in the auto insurance sector, having been recognized as #1 in customer satisfaction among auto insurers in Texas for 12 out of 13 years. Their services include quotes, claims processing, and policy management, which are essential for maintaining customer relationships and ensuring a smooth insurance experience.

5. Texas Life Insurance Company

• Website: texaslife.com
• Ownership type: Private
• Headquarters: Waco, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1901
• Headcount: 51-200
• LinkedIn: texas-life-insurance-company

Texas Life Insurance Company, based in Waco, Texas, has been a fixture in the life insurance industry since its founding in 1901. As the oldest life insurance company chartered in Texas, it has built a reputation for reliability and customer service. The company specializes in voluntary permanent life insurance, which is designed to be easily accessible to employees through payroll deductions. This model not only simplifies the purchasing process for clients but also ensures that families have financial protection when they need it most. Texas Life has made significant strides in the voluntary benefits marketplace since entering it in 1998, focusing on providing accessible insurance solutions. The company is recognized for its strong claims-paying ability, as evidenced by its A+ rating from A.M. Best, which reflects its financial strength and operational stability. Texas Life is committed to serving the underserved market and actively engages in community involvement and charitable giving, further solidifying its role in the industry.

6. NTA Life

• Website: ntalife.com
• Ownership type: Corporate
• Headquarters: Addison, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: December 2018
• Founded year: 1973
• Headcount: 201-500
• LinkedIn: nta-life

National Teachers Associates Life Insurance Company, commonly known as NTA Life, is based in Addison, Texas, and was founded in 1973. The company specializes in providing supplemental health and life insurance products, primarily targeting educators, emergency responders, and government employees. With a workforce of approximately 209 employees, NTA Life has established itself as a dedicated provider for these essential professions. Their offerings include policies for cancer, heart conditions, accidents, disability income, and critical illness, among others. NTA Life has built strong partnerships with teacher unions and emergency service organizations, enhancing their credibility and reach within these communities. The company operates in all states except New York, where its affiliate, NTA Life Insurance Company of New York, provides similar products. NTA Life's financial health is underscored by its A (Excellent) rating from A.M. Best, reflecting its commitment to safety and performance in the insurance sector.

7. Bestow

• Website: bestow.com
• Ownership type: Venture Capital
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 98%, Other 2%
• Latest funding: Series C, $70.0M, December 2020
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: bestow-insurance

Bestow, founded in 2017 and based in Dallas, Texas, specializes in term life insurance. The company aims to enhance financial stability for families by simplifying the life insurance application process. Bestow offers a fast, online platform that allows individuals to secure coverage without the traditional hurdles, such as medical exams. This approach not only makes life insurance more accessible but also caters to the needs of a tech-savvy consumer base. With a workforce of around 272 employees, Bestow has garnered attention for its innovative solutions in the insurance industry. The company has raised $70 million in funding, reflecting strong investor interest in its mission to modernize life insurance. Policies are issued by Bestow Life Insurance Company, which operates under specific regulatory guidelines, ensuring compliance and consumer protection.

8. Our Infinite Company

• Website: ourinfinite.com
• Ownership type: Private
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2018
• Headcount: 1001-5000
• LinkedIn: ourinfiniteco

Our Infinite Company, founded in 2018 and based in Dallas, Texas, operates as a private financial services agency. The company focuses on providing a range of insurance products, including life insurance, annuities, and retirement planning solutions. Their mission is to empower individuals and families through financial education and entrepreneurial mentorship. With a workforce of approximately 339 employees, they operate through a network of agents who are trained to offer various financial solutions tailored to client needs. The company markets life insurance products from reputable carriers, ensuring that clients have access to suitable options for protecting their financial futures. Their approach combines financial education with a strong emphasis on supporting agents in building their businesses, which may enhance their market reach and client engagement.

9. iCanFinancial

• Website: icanfinancial.com
• Ownership type: Private
• Headquarters: Addison, Texas, United States (USA)
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: icanfinancial

iCanFinancial, based in Addison, Texas, is a private financial services provider that specializes in life insurance and related products. Established in 2015, the company has carved out a niche by offering innovative solutions like LifePlan 360 and Indexed Universal Life Insurance. These products are designed to help individuals and families achieve financial security and prepare for unforeseen life events. iCanFinancial collaborates with agents to deliver customized financial solutions, ensuring that clients receive the protection they need. The company emphasizes education and support for its partnered agents, aiming to enhance their ability to serve clients effectively. With a team of experienced professionals, iCanFinancial is dedicated to helping families navigate their financial futures through comprehensive life insurance options and planning services.

10. Globe Life

• Website: home.globelifeinsurance.com
• Ownership type: Corporate
• Headquarters: Mckinney, Texas, United States (USA)
• Employee distribution: United States (USA) 97%, Canada 3%
• Latest funding: November 2012
• Founded year: 1900
• Headcount: 1001-5000
• LinkedIn: globelife

Globe Life, headquartered in McKinney, Texas, is an insurance company that specializes in life and supplemental health insurance products. Founded in 1900, the company has over a century of experience in the insurance industry. Globe Life aims to provide financial protection for individuals and families, ensuring peace of mind in the face of unexpected events. Their product offerings include term life insurance, whole life insurance, final expense insurance, and various supplemental health insurance options. The company emphasizes ease of access, allowing customers to apply for coverage online, over the phone, or through agents. In 2023, Globe Life paid out over $1.7 billion in claims, demonstrating their capacity to meet policyholder needs. With a workforce of approximately 4,270 employees, Globe Life operates primarily in the United States, with a small presence in Canada. Their commitment to customer service and community involvement further solidifies their role in the insurance market.

11. Liberty Bankers Insurance Group

• Website: lbig.com
• Ownership type: Private
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 97%, South Africa 3%
• Founded year: 1958
• Headcount: 51-200
• LinkedIn: liberty-bankers-life-insurance-company

Liberty Bankers Insurance Group, based in Dallas, Texas, has been a significant player in the insurance industry since its inception in 1958. The company specializes in a variety of financial products, including life insurance, health insurance, and annuities, catering to individuals and families seeking financial security. Liberty Bankers operates through a network of insurance professionals, emphasizing a service-first approach that prioritizes customer relationships. The company has expanded its offerings over the years, including final expense and home service life insurance, which allows for personalized premium collection and benefit delivery. Liberty Bankers is affiliated with American Benefit Life Insurance Company and Capitol Life Insurance Company, both of which contribute to its market presence. The company is rated A- by A.M. Best, reflecting its solid financial standing and operational stability. Liberty Bankers also engages in community initiatives, showcasing its commitment to social responsibility.

12. Curiman Brokers Group

• Website: curimanbrokersgroup.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2010
• Headcount: 51-200
• LinkedIn: curiman-brokers

Curiman Brokers Group, founded in 2010 and based in Houston, Texas, is a private insurance agency that specializes in life insurance and financial services. The company operates through a network of over 2,000 agents across all 50 states, providing tailored insurance solutions aimed at personal, family, and business protection. Their offerings include life insurance, retirement plans, and financial planning services. Curiman Brokers Group is particularly noted for its focus on the Hispanic market, positioning itself as the number one Hispanic agency for life insurance in the United States. The agency emphasizes continuous training and support for its agents, ensuring they are well-equipped to meet client needs. This commitment to agent development and customer service reflects their dedication to maintaining a strong presence in the life insurance industry.

13. J. Sutton Financial

• Website: jsuttonfinancial.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2022
• Headcount: 11-50
• LinkedIn: j-sutton-financial

J. Sutton Financial, based in Houston, Texas, is an insurance agency that focuses on life insurance policies tailored for individuals and families throughout the United States. Founded in 2022, the company aims to provide financial security and protection through its offerings. With a team of dedicated agents, J. Sutton Financial emphasizes an approachable and client-centric approach, helping clients navigate their insurance needs. The agency operates both from its Houston headquarters and remotely, allowing it to reach clients nationwide. The founder, Justin Sutton, brings over eight years of experience in the financial services industry, which adds credibility to the agency's operations. J. Sutton Financial is committed to delivering quality insurance products while ensuring that clients can make informed decisions about their financial futures.

14. New Era Life Insurance Companies

• Website: neweralife.com
• Ownership type: Private
• Headquarters: Houston, Texas, United States (USA)
• Employee distribution: United States (USA) 94%, South Africa 6%
• Founded year: 1989
• Headcount: 51-200
• LinkedIn: new-era-life-insurance-company

New Era Life Insurance Companies, founded in 1989 and based in Houston, Texas, is a private insurance provider that specializes in life and health insurance products. The company operates through its subsidiaries, including New Era Life Insurance Company of the Midwest and Philadelphia American Life Insurance Company. New Era Life focuses on delivering a range of insurance solutions, such as final expense life insurance, Medicare supplement plans, and critical illness coverage, aimed at providing financial protection for individuals and families. With a workforce of approximately 220 employees, the company emphasizes customer service and strives to keep insurance premiums stable and affordable. Their commitment to quality service is reflected in their A.M. Best rating of A- (Excellent), which underscores their reliability in the insurance sector.

15. PHP Agency, Inc.

• Website: phpagency.com
• Ownership type: Corporate
• Headquarters: Addison, Texas, United States (USA)
• Employee distribution: United States (USA) 99%, Other 1%
• Latest funding: July 2022
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: php-agency-llc

PHP Agency, Inc., founded in 2009 and headquartered in Addison, Texas, is a life insurance agency dedicated to providing financial education and life insurance products to families, with a particular focus on underserved communities. The company operates through a vast network of licensed agents, boasting over 45,000 agents across 49 states and Puerto Rico. PHP Agency aims to empower individuals through entrepreneurship, offering training and support to its agents. The company has served approximately 450,000 families, helping them prepare for unexpected financial challenges. PHP Agency became part of Integrity Marketing Group in July 2022, which has further enhanced its resources and capabilities in the financial services sector. Their product offerings include various life insurance options, such as term life insurance, indexed universal life insurance, and no-medical-exam life insurance, catering to a wide range of client needs.

16. Godspeed Financial

• Website: thisisgodspeed.com
• Ownership type: Venture Capital
• Headquarters: Dallas, Texas, United States (USA)
• Latest funding: Seed, $96,000, September 2023
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: godspeed-financial

Godspeed Financial, officially known as GDSPD Holdings, Inc., is an insurance agency and financial services provider based in Dallas, Texas. Founded in 2020, the company focuses on helping individuals and families secure their financial futures through a variety of offerings, including life insurance, mortgage protection, retirement planning, and Medicare services. Godspeed Financial adopts a consultative approach, prioritizing client relationships over mere transactions. This strategy aims to provide tailored solutions that meet the unique needs of their clients. In September 2023, the company secured seed funding amounting to $96,250, indicating investor interest in their business model and growth potential. Despite being a newcomer in the industry, Godspeed Financial is committed to serving clients across all 50 states in the U.S.

17. Borden Hamman Agency, Inc.

• Website: bordenhamman.com
• Ownership type: Private
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1975
• Headcount: 11-50
• LinkedIn: borden-hamman-agency-inc.

Borden Hamman Agency, Inc. is an insurance agency based in Dallas, Texas, founded in 1975. The agency specializes in providing a range of financial services, prominently featuring life insurance, long-term care, and annuities. With a dedicated team of 22 employees, Borden Hamman focuses on delivering tailored insurance solutions to both individual consumers and businesses. Their commitment to helping clients secure their financial futures is evident in their personalized approach to insurance. The agency operates as an independent marketing organization, which allows them to represent various carriers and offer a selection of products that best fit their clients' needs. This flexibility enhances their ability to serve a broad spectrum of clients, from individuals to business owners, ensuring that they can address specific financial planning requirements effectively.

18. Bockmon Insurance Agency

• Website: bockmoninsurance.com
• Ownership type: Private
• Headquarters: Longview, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1974
• Headcount: 11-50
• LinkedIn: bockmon-insurance-agency

Bockmon Insurance Agency, founded in 1974, operates primarily in Northeast Texas, providing a range of insurance products including life, home, auto, and health insurance. With a workforce of 34 employees, the agency has expanded its reach through multiple locations, serving communities in Texas, Arkansas, and Louisiana. The agency prides itself on delivering personalized service, aiming to meet the unique needs of its clients. Bockmon Insurance Agency represents several major insurance carriers, which enhances its ability to offer competitive life insurance options. Their commitment to customer service and community involvement has helped them maintain a strong presence in the local insurance market.

19. Harmon Insurance Agency

• Website: harmonins.net
• Ownership type: Private
• Headquarters: Burleson, Texas, United States (USA)
• Founded year: 1979
• Headcount: 11-50
• LinkedIn: harmon-insurance-agency

Harmon Insurance Agency, founded in 1979, is a private insurance agency based in Burleson, Texas. With a team of 17 employees, the agency specializes in providing a variety of insurance products, including personal, commercial, and life insurance. They cater to individuals, families, and businesses in the Cleburne and Burleson areas, focusing on personalized service and competitive pricing. The agency prides itself on its experienced team, which has over 50 years of combined service in the insurance industry. Harmon Insurance Agency aims to protect clients against financial risks by offering tailored insurance solutions that meet their specific needs. Their life insurance offerings include term life, universal life, whole life, variable life, and long-term care insurance, demonstrating their commitment to addressing the financial security of their clients.

20. YourPolicy

• Website: your-policy.com
• Ownership type: Private
• Headquarters: Austin, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2021
• Headcount: 51-200
• LinkedIn: yourpolicy

YourPolicy, based in Austin, Texas, is an insurance agency that began operations in 2021. The company offers a variety of insurance products, including auto, home, life, and commercial insurance. They cater to both individual consumers and businesses, aiming to provide tailored insurance solutions that protect assets and ensure financial security. YourPolicy emphasizes a simplified insurance process, connecting clients with a network of over 100 top-rated carriers to find the best deals. Their approach is designed to make insurance more accessible and less stressful for customers, with a focus on personalized service. Despite being a newer entrant in the market, they have established a presence across 32 states, indicating a growing footprint in the insurance industry.

21. Continental General

• Website: cgic.com
• Ownership type: Private
• Headquarters: Austin, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: continental-insurance-inc-

Continental General Insurance Company, based in Austin, Texas, is an insurance provider that specializes in life, accident, and health insurance products. Established in 2016, the company has quickly positioned itself to serve individuals and families, helping them navigate the financial challenges that come with aging and health-related issues. With a history that boasts over 60 years of combined experience in the insurance industry, Continental General is dedicated to providing comprehensive solutions to its policyholders. The company operates as a licensed insurance carrier in forty-nine states, the District of Columbia, and the U.S. Virgin Islands, which underscores its broad market reach. In addition to its insurance offerings, Continental General also provides third-party administration services, showcasing its capability to manage insurance blocks effectively. Their commitment to continuous improvement and strategic growth through acquisitions and partnerships further highlights their ambition within the insurance sector.

Life Insurance Insights: Key Companies in Texas

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