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Tower Life Insurance Company
A Small Company Committed to Service
Founded in 1955, in San Antonio, Texas, Tower Life Insurance Company offers accident, life, and health insurance for a solid market of business clients. It is still run by the third generation of the Zachry family, the founders. This company has total assets of $79 million, with total life insurance in force of $1 billion. Ninety-six percent of its business is conducted in the state of Texas. The combination of ordinary life insurance policies and group life insurance policies that it sells composes sixty-five percent of its insurance business. Its business growth has been consistent over the last five years.
The specialty of the Tower Life Insurance Company is in providing large, multiple-site employers with complete administration services. For their own business, they have been able to expand their administrative operations and offerings while still providing the same dependable service to existing customers. One part of Tower Life Insurance Company’s core business is the assessment and management of risk. They are consistent in their methods, whether managing a large business, a client’s self-funded plans, or their own administrative processes. Their commitment to quality service is strong. They strive to educate their customers, to shun mediocrity in their own dealings, and to adhere by the philosophy of Customer First SM.
A service company, the Tower Life Insurance Company can provide turn-key solutions for health and welfare to the busy management of large corporations so as to provide superior claims savings. Their experience includes third party administration of the following products:
- Medical, dental, vision
- Customized managed care and cost-containment programs
- Flexible spending accounts
- Stop-loss marketing
- Enrollment and fulfillment services
They also offer individual and group insurance plans for life, health, accident, and annuities.
Financial ratings for tower Life Insurance A.M. Best: B++
Standard and Poor’s: BBBp
A.M. Best: A-
This company is not rated by Standard & Poor's
The financial strength of a company and potential for prolonged survival are represented by the above ratings.
Tower Life Insurance Company Information
Tower Life Building
310 S. St. Mary’s Street
San Antonio, Texas 78205
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