LIFE INSURANCE IN TEXAS

Texas Life Insurance
Coverage

With nearly 30 million residents and one of the highest homeownership rates in the country, Texas families need reliable life insurance coverage they can count on.

No State Income Tax High Homeownership 25+ Carriers Available
$8,400
Average Funeral Cost
$290K
Median Home Price
14%
Residents Uninsured
25+
Carriers Available

COVERAGE IN THE LONE STAR STATE

Life Insurance in Texas

Texas has one of the largest and most diverse populations in the U.S., with nearly 30 million residents. With a median household income around $67,000 and a homeownership rate above 62%, many Texas families carry mortgage obligations and want to protect their loved ones from financial hardship.

The average funeral and burial cost in Texas is approximately $8,400. Without proper coverage, these costs fall directly on surviving family members. Final expense insurance provides a straightforward way to ensure your family is never left with that burden.

Texas has no state income tax, which makes Indexed Universal Life (IUL) policies particularly attractive for residents looking to build tax-advantaged wealth while maintaining life insurance protection. With Asurgo, you can compare options from 25+ carriers to find the best fit for your budget and goals.

COST COMPARISON

How Texas Compares to National Averages

Average Funeral Cost
National
$8,300
Texas
$8,400
Median Home Price
National
$420,000
Texas
$290,000
Avg. Monthly Life Insurance Premium
National
$50
Texas
$47

OUR CARRIER PARTNERS

Top Carriers in Texas

Asurgo works with 25+ top-rated insurance carriers to find you the best coverage at the lowest rate. Here are some of the carriers available to Texas residents.

Transamerica Mutual of Omaha AIG Aetna Americo Foresters Financial F&G National Life Group Royal Neighbors Gerber Life Lafayette Life Aflac

Carrier availability varies by individual health factors and coverage type.

FREQUENTLY ASKED QUESTIONS

Texas Life Insurance FAQ

How much does final expense insurance cost in Texas?
Most Texas residents pay between $30 and $70 per month for final expense insurance, depending on age, health, and coverage amount. Policies typically range from $5,000 to $50,000. Asurgo shops 25+ carriers to find the lowest rate for your situation.
Do I need a medical exam for life insurance in Texas?
Not always. Many final expense and mortgage protection plans require no medical exam. You answer a few health questions, and coverage can be approved the same day. Larger policies may require underwriting.
What is the average funeral cost in Texas?
The average funeral and burial cost in Texas is approximately $8,400, which includes the service, casket, burial plot, and headstone. Costs can vary significantly depending on the city and type of service chosen.
Does Asurgo offer mortgage protection in Texas?
Yes. Asurgo offers mortgage protection insurance in Texas through multiple carriers. Coverage is designed to pay off or reduce your mortgage balance if you pass away, become disabled, or are diagnosed with a critical illness.
Can I use IUL for tax-free retirement income in Texas?
Yes. Indexed Universal Life policies allow you to build cash value that grows tax-deferred and can be accessed tax-free through policy loans. Combined with the fact that Texas has no state income tax, IUL can be an effective tool for retirement planning.

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