Life insurance companies invest in families and strengthen communities. For example, in south Texas’s McAllen-Edinburg-Mission metro area, life insurers have provided more than $18 million in residential mortgage financing including apartment buildings and multi-family units, providing access to housing for hundreds of families.
In addition to their support for the mortgage market, each day life insurance companies safeguard families and provide support during a time of need by paying out $97.1 million in life insurance and annuities to families and businesses in Texas.
Across our state, the life insurance industry has a proven track record of investing in families and strengthening our communities, spurring economic growth, generating jobs, and providing access to homes and housing for so many Texans.
Life insurance companies are especially proud of their partnerships with Texas families. In whatever form it may be.