Monthly Increasing Benefit (MIB) Plan

The MIB plan is available to virtually all applicants regardless of health issues. The MIB is a dollar-for-dollar insurance product with optional down payment, and/or fixed payment periods of 3, 5, and 7 years. The benefit increases by the amount of the premium each month and by postings of declared increases after 6 months, 24 months, and each 12 months thereafter. The increases are compounded annually and posted daily to the death benefit only at time of death.

Should death occur due to accidental causes during the premium paying period, the death benefit is the initial face amount.

All Plans:

Increasing Benefit (IB) Plan | Graded Increasing Benefit (GIB) Plan

Monthly Increasing Benefit (MIB) Plan Clear Choice (CC) Plan | Annuity (ANN) Plan

The State of Texas has developed a web site to help you make informed decisions concerning the purchase of prepaid funeral benefits at