Expertise.com

2024

Last updated:

Best Life Insurance Companies in Pharr

Our Recommended Top 8

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Pharr Life Insurance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

3537Reviewed

2125Curated

8Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
1402 North 23rd Street, McAllen, TX 78501
  • Life Insurance

Why choose this provider?

Lette Insurance Agency is a company that has been providing individual life insurance products in Pharr since 1970. Its team of agents offers whole, universal, term, final expenses, and burial coverage plans. They deliver a personalized approach to determine each client's reason for seeking protection, such as savings, inheritance, income for dependents, and tax payments. Lette Insurance Agency's goal is to inform the community about the importance of finding coverage that can protect every family from life's unexpected events.

License Verified:

License: 829602

Texas Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.7
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
816 East Hackberry Avenue, McAllen, TX 78501
  • Life Insurance
  • Health Insurance
  • Long Term Care

Why choose this provider?

Bert Whisenant Insurance is an independent agency that provides insurance solutions to residents and businesses in Pharr and its neighboring communities. It creates comprehensive, tailor-made insurance programs for clients' specific needs and goals. It offers life insurance policies that aim to pay final expenses, replace income for dependents, or create additional savings. The company also offers home and auto insurance. It handles business owners' policies which include business interruption coverage, property insurance, and liability protection.

License Verified:

License: 2128

Texas Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.6 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
5401 North 10th Street, McAllen, TX 78504
  • Life Insurance
  • Health Insurance

Why choose this provider?

Reyna and Associates Insurance Agency LLC provides clients in Pharr with life insurance advice. The independent marketing insurance agency offers term life and permanent life insurance, which includes universal and whole life policies. It carries other personal insurance products, such as home, auto, and accident insurance. The agency has partnered with insurance companies to present multiple coverage options that fit the client's financial needs. Its agents are experienced in assisting individuals and businesses with health, pet, and commercial insurance.

License Verified:

License: 2221487

Texas Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Facebook
4.9 / 5 (21)
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
603 Texas Boulevard North, Weslaco, TX 78596
  • Life Insurance

Why choose this provider?

Ruben Cardenas is a State Farm insurance agent servicing the Pharr community. Since 1972, he has been providing term, whole, and universal life insurance coverage options to individuals who want to secure their future. The policies are also available for small businesses seeking business continuation, employee benefits, and key employee incentives. Cardenas also offers auto, health, and pet insurance. Moreover, he serves as a board member for the Knapp Medical Center Foundation.

License Verified:

License: 1062532

Texas Department of Insurance

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3400 North McColl Road, Suite I, McAllen, TX 78501
  • Life Insurance
  • Health Insurance
  • Term Life Insurance

Why choose this provider?

Acumen Insurance Group is an independent insurance agency that serves the residents of Pharr and the surrounding areas. Led by principal owner Daniel Pulido, it specializes in individual life insurance policies, such as term life insurance, whole life insurance, and universal life insurance. It also offers both individual and family health insurance. Insurance carriers that Acumen Insurance Group has established relationships with include the Guarantee Trust Life Insurance Company, Mutual of Omaha, Cigna-HealthSpring, Blue Cross and Blue Shield of Texas, and Transamerica Corporation.

License Verified:

License: 2068155

Texas Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (41)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
411 South International Boulevard, Hidalgo, TX 78557
  • Life Insurance

Why choose this provider?

Since 1999, Alfredo Solis Insurance Agency has been delivering life insurance products in Pharr to help individuals and businesses prepare for unexpected events. Solis provides a variety of customized products that can handle risk management and asset protection. He gives in-depth coaching on insurance matters by offering objective advice for different types of coverage plans. Solis has over 20 years of experience in the industry. In addition, home, health, pet, flood, and auto policy plans are available.

License Verified:

License: 890891

Texas Department of Insurance

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
810 West Ferguson Avenue, Pharr, TX 78577
  • Life Insurance
  • Health Insurance
  • Whole Life Insurance
  • Term Life Insurance

Why choose this provider?

Loyalty Insurance & Financial Services, LLC, is an independent insurance agency serving Pharr and surrounding areas. It provides residents and businesses with life insurance solutions, such as term and whole life policies. It also offers final expense, cremation plans, mortgage protection, and health insurance, including dental and vision plans. Furthermore, Loyalty Insurance & Financial Services has other coverage options to suit personal and business needs. It assists clients with home insurance, flood insurance, general liability, worker's compensation, and surety bonds.

License Verified:

License: 2456775

Texas Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (3)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2203 North Raul Longoria Road, San Juan, TX 78589
  • Life Insurance

Why choose this provider?

Serving Pharr, Rick Puente Insurance provides an array of insurance solutions to clients in the metro. It offers products such as life, home, auto, and motorcycle insurance. The company also has other insurance options, like commercial and flood insurance plans. The other services available at the business include professional payroll and business solutions. Rick Puente Insurance has been delivering insurance and financial services since it was established in 2001. It has a strong focus on prioritizing its clientele’s needs.

License Verified:

License: 1993439

Texas Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.0 / 5 (40)
Facebook
5.0 / 5 (8)
Yelp
4.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

FAQs

  • Who is qualified to be a beneficiary of life insurance policies in Pharr?

    In Pharr, the policyholder's spouse is the primary beneficiary of life insurance unless the policyholder writes down someone else. However, people have the right to choose anyone as their beneficiary or beneficiaries, including guardians, family members, and non-profit organizations. For example, policyholders can name a trust as the beneficiary to take care of their children's money and make sure that the life insurance money will be split among them when they reach legal age.

  • How do individuals in Pharr handle their life insurance plans during a divorce?

    Individuals in Pharr who are going through a divorce should quickly update their marital status on their life insurance coverage, as the cash value of a permanent plan is a financial asset. If their children are 18 years old or older, they must also change their beneficiaries. To ensure that their children over the legal age receive death benefits, divorcees must appoint a custodian or establish a trust.

  • How can Pharr residents receive money from life insurance policies?

    Several Pharr life insurance policies provide a cash value that accumulates over time and allows policyholders to withdraw this cash in installments or lump sums. Individuals with long-term care illnesses or terminal illnesses can prepay their death benefits before they die. Furthermore, policyholders can obtain funds from a variety of lenders who accept life insurance policies as collateral or sell their policies to life settlement providers.

  • Can creditors in Pharr obtain life insurance proceeds?

    No, regardless of whether the insured estate is named as beneficiary, life insurance proceeds in Pharr are exempt from seizure to pay an estate's debt, including attachment, garnishment, and execution, under the Texas Insurance Code. As a non-probate asset, life insurance policies are immune from creditor claims. Death benefits and cash value from life insurance policies, on the other hand, can cover debts if the policyholder dies without paying their debts.

  • How to receive life insurance benefits from a bankrupt insurer in Pharr?

    In Pharr, the Texas Life, Accident, Health, and Hospital Service Insurance Guaranty Association provides life insurance proceeds, including death benefits and cash value, to individuals who have a bankrupt insurer. However, the payout is limited to $300,000 per person for life insurance death benefits and $100,000 per person for cash surrender. However, the association is not liable for life insurance proceeds from reciprocal or inter-insurance exchanges, fraternal benefit societies, or mandatory state pooling plans.

  • Which is better, term or whole life insurance?

    Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

  • How much life insurance do I need?

    A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

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