Family Life Insurance — Texas

Life Insurance for
Texas Families

Your family depends on you. A term life policy from Tower Hill ensures they stay financially protected — mortgage, college, and income — if the unthinkable happens.

1-in-3
Texas households with no life insurance coverage
10–12×
Income is the recommended coverage multiple for earners
$22/mo
Starting rate for a healthy 35-yr-old, $500K/20-yr term
6 min
Average time to complete Tower Hill's guided application
Coverage Calculator

How Much Does Your Family Need?

Coverage needs vary by family structure. Use these scenarios as a starting point — our advisors can build a precise plan for your situation.

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Young Couple, No Kids

$60K household
Recommended Coverage
$250K–$400K each
Why

Cover mortgage, shared debts, and transition costs for the surviving spouse

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Family With Young Children

$90K household
Recommended Coverage
$500K–$750K primary; $300K–$500K secondary
Why

Replace income through children's college years + mortgage payoff

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Single Parent

$55K individual
Recommended Coverage
$500K–$1M
Why

You're the only financial safety net — maximum coverage matters most here

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Dual High-Income Family

$200K+ household
Recommended Coverage
$1M–$2M each
Why

Match lifestyle obligations, mortgage, private school, and long income replacement

Common Questions

Family Life Insurance FAQ

How much life insurance does a Texas family need?

The standard rule is 10–12× the primary earner's income. For a dual-income household with a mortgage and two children, both spouses should typically carry coverage equal to 8–10× their individual incomes. A $75K earner needs $750K–$900K in coverage.

Should both spouses have life insurance?

Yes. Even if one spouse doesn't earn income, they provide enormous economic value — child care, logistics, household management — that the surviving spouse would need to replace. Coverage of $300K–$500K for a stay-at-home parent is reasonable.

What is a child rider and does my family need one?

A child term rider adds a small death benefit (usually $10K–$25K) for all children in the household under one low annual premium — often $5–$8/month. It's affordable peace of mind during your children's younger years and is available on Tower Hill carrier network policies.

How long of a term should a Texas family choose?

For most families with young children, a 20- or 30-year term aligns with your longest obligations: mortgage payoff, college funding, and income replacement until your youngest is financially independent. A 20-year term locks in low rates through the most critical years.

What happens to my family's life insurance if I change jobs in Texas?

Nothing — an individual policy through Tower Hill is portable. It stays in force regardless of employer changes. This is a key advantage over group life insurance tied to your employer.

Can I add critical illness coverage to my family life insurance?

Yes. Tower Hill offers a Living Benefits Rider on term policies that accelerates a portion of the death benefit if you're diagnosed with a terminal, chronic, or critical illness — providing cash while you're still alive to use it. Available on Tower Hill carrier network term policies.

Protect Your Family Today

A 20-year term policy locks in your family's financial future while rates are still low. Your free quote takes 2 minutes.

Tower Hill Corp · TX Agency License #2608479TX · Carrier: Tower Hill carrier network Insurance Co.

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