Term life, mortgage protection, estate-liquidity planning and living benefits for Southlake households - from a Dallas-based broker serving the wealthiest communities across DFW.
Last reviewed July 2026 by Dev Gaymes, Licensed Insurance Advisor · Editorial policy
Dev Gaymes is a licensed life insurance agent and independent broker serving Southlake - an advisor appointed with 30+ A-rated carriers rather than a captive agent tied to one company.
Southlake is consistently ranked among the wealthiest cities in Texas - an established enclave of executives, business owners, and prominent families in the DFW Mid-Cities, anchored by the nationally recognized Carroll ISD and Southlake Town Square, and minutes from DFW International Airport. At this level the conversation often extends beyond basic income replacement - to estate-tax liquidity, business succession, and efficient wealth transfer. But it rarely starts there. For most Southlake households the foundation is still term coverage sized to the mortgage and the income, with everything else built on top of it. DG Life Group works with Southlake families in 76092 as a fully independent broker with access to 30+ A-rated carriers.
It is easy to assume a 76092 address means the answer is permanent insurance and a trust. Frequently it is not - or at least, not yet. The estate and business planning below matters here, but it is not the starting point.
Southlake homes carry substantial mortgages, and a household earning well into six figures has a correspondingly large income to replace. Those are ordinary problems, and level term is the most cost-efficient tool for both. Permanent coverage solves a different problem and should be layered on once the foundation is covered, not instead of it.
On mortgage protection specifically: the product marketed under that name - declining benefit, paid to the lender - is usually worse value than level term at the same face amount. Level term pays your beneficiary, holds its full value for the whole term, and lets the family decide whether paying off the house is actually the right move. The full comparison is here.
A larger, more complex balance sheet changes what life insurance is for. Here's where Southlake families most often use it:
Tax-free proceeds to cover estate settlement costs - so heirs never have to sell a home, business, or illiquid asset under pressure.
Tax-advantaged accumulation with market-linked upside and downside protection. See our IUL guide →
Second-to-die policies that transfer wealth efficiently to children and grandchildren.
Buy-sell funding, key-person coverage, and executive benefit strategies for owners and leaders. Advanced markets →
Access coverage during a chronic or critical illness rather than only at death. Learn how →
Shield the estate from care costs later in life. Advance planning →
Yes - we serve 76092 on life insurance, IUL, living benefits, business succession, and long-term care planning, by phone or video.
Yes. A properly structured policy provides generally income-tax-free liquidity to pay estate settlement costs, so heirs aren't forced to sell a home, business, or illiquid assets - a common need for larger Southlake estates.
Permanent coverage for estate-tax liquidity, IUL for tax-advantaged growth, survivorship policies for legacy transfer, buy-sell and key-person coverage for owners and executives, and living-benefit riders for illness protection.
Fully independent, with access to 30+ A-rated carriers. That independence is what lets us say when a product is not right for you.
High-net-worth coverage and estate planning for Carroll ISD families.
Prefer to talk now? Call 214-989-7704
Common strategies include permanent coverage sized for estate-tax liquidity, indexed universal life (IUL) for tax-advantaged accumulation, survivorship (second-to-die) policies for legacy transfer, key-person and buy-sell coverage for business owners and executives, and living-benefit riders that access the death benefit during a chronic or critical illness.
Yes. A properly structured policy can provide liquidity, generally free of federal income tax, to pay estate settlement costs, so heirs are not forced to sell a home, business, or illiquid assets to cover a tax bill. This is a common planning need for Southlake's larger estates.
Most need term first. Southlake homes carry substantial mortgages and high incomes are expensive to replace, and level term is the most cost-efficient tool for both of those problems. Permanent coverage addresses different needs - estate liquidity, business succession, tax-advantaged accumulation after retirement accounts are maxed - and is usually layered on top of a term foundation rather than replacing it. Anyone recommending permanent coverage before establishing the basic income and mortgage need should be asked why.
The product specifically marketed as mortgage protection typically has a declining death benefit paid directly to the lender. Level term at the same face amount usually costs less, holds its full value for the entire term, and pays your beneficiary rather than the bank - which lets the family decide whether paying off the house is actually the right move. For most Southlake households, level term sized to cover the mortgage plus income replacement is the better structure.
Both terms get used loosely, and the distinction matters. A captive agent represents one insurance company and can only offer that company's products. An independent broker is appointed with many carriers and compares across them. Dev Gaymes is a licensed life insurance agent and independent broker serving Southlake, appointed with more than 30 A-rated carriers, which means the recommendation follows your situation rather than one company's product shelf. Because rates are filed with state regulators, your premium is the same either way - what changes is how many carriers can be considered.
DG Life Group is fully independent, with access to 30+ A-rated carriers, so recommendations are built around the family's goals rather than a single company's product shelf.