FIRST AMENDMENT TO
                     SERVICE EXPENSE REIMBURSEMENT AGREEMENT
                                   (Louisiana)

This Amendment is entered into as of July 1, 2005 (the "First Amendment
Effective Date") by and among American Bankers Life Assurance Company of
Florida, as successor in interest to Voyager Life Insurance Company, Voyager
Property & Casualty Insurance Company, American Bankers Life Assurance Company
of Florida, American Bankers Insurance Company of Florida, American Reliable
Insurance Company and American Bankers General Agency, Inc. on behalf of
Ranchers & Farmers Mutual Insurance Company (collectively "Company") and CAI
Credit Insurance Agency, Inc. ("Customer") and amends that certain Service
Expense Reimbursement Agreement entered into between Company and Customer
effective July 1, 1998 (the "Agreement").

In consideration of the mutual promises and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties agree as follows:

1.    The Agreement shall be amended so as to delete Ranchers & Farmers Mutual
      Insurance Company and Voyager Life Insurance Company as signatories, and
      to add American Bankers Insurance Company of Florida and American Reliable
      Insurance Company as signatories.

2.    Section 8 of the Agreement shall be amended to read as follows:

      8.    Company may prospectively change the rates of Expense Reimbursement
            for products on Schedule A upon thirty (30) days advance notice if
            required by state regulatory authority, or in the event of a premium
            rate decrease. Company may decrease the rates of Expense
            Reimbursement upon thirty (30) days advance notice in the event of a
            projected deficit under the Group Experience Rating/ Contingent
            Compensation Addendum, in which event such decrease shall be only in
            an amount which Company deems necessary to prevent or cure such
            deficit, and such decreased rates shall continue in effect only for
            the period of time necessary to prevent or cure such deficit. In all
            other respects, this Agreement may be altered or amended only in
            writing signed by both of the parties.

3.    Section 9 of the Agreement shall be amended to read as follows:

      9.    (a) Term.
            This Agreement shall be for a term of four years from the First
            Amendment Effective Date, and shall automatically renew for
            successive one (1) year terms (each a "Renewal Term") unless written
            notice is given at least ninety (90) days prior to the effective
            date of any term. In the event, as of any renewal date, any deficit
            exists under the Contingent Compensation Addendum, then Customer
            shall not have the right to terminate this Agreement or any group
            master policy until such time as the deficit is cured.

                                       1
<PAGE>


            (b) Termination by mutual consent.
            This Agreement may be terminated at any time by the mutual consent
            of both Customer and Company.

            (c) Termination with cause by Company.
            Subject to the cure provisions contained herein, Company may
            immediately terminate this agreement by written notice to Customer
            in the event of (i) Customer's violation of any applicable law
            relating to the offer, sale or administration of the insurance or
            debt protection programs and the violation continues for fifteen
            (15) days after Customer has received notice of the violation; (ii)
            material breach of this Agreement by Customer, which material breach
            continues for thirty (30) days after Customer has received notice of
            the breach; (iii) gross neglect of duty, fraud, misappropriation, or
            embezzlement by Customer or its affiliates of funds owed to Company
            or any of its affiliates under this Agreement or any other agreement
            with Customer or any of its affiliates; (iv) Customer or any of its
            affiliates shall become the subject of any order or injunction of
            any court or governmental body relating to the offer, sale or
            administration of the insurance or debt protection programs and such
            order or injunction is not dismissed within thirty (30) days; or (v)
            Customer's voluntary bankruptcy, insolvency or assignment for the
            benefit of creditors. For purposes of this Agreement, an "affiliate"
            of Company is defined as any entity that is a member company of
            Assurant Solutions/Assurant Specialty Property or any entity under
            common ownership with such entity, and an "affiliate" of Customer
            shall mean any subsidiary, parent or successor corporation of
            Customer.

            (d) Termination with cause by Customer.
            Subject to the cure provisions contained herein, Customer may
            immediately terminate this Agreement by written notice to Company in
            the event of (i) Company's violation of any applicable law relating
            to the offer, sale or administration of the insurance or debt
            protection programs and the violation continues for fifteen (15)
            days after Company has received notice of the violation; (ii)
            material breach of this Agreement by Company, which material breach
            continues for thirty (30) days after Company has received notice of
            the breach; (iii) gross neglect of duty, fraud, misappropriation, or
            embezzlement by Company of funds owed Customer under this Agreement
            or any other agreement with Company or any of its affiliates; (iv)
            Company or its affiliates shall become the subject of any order or
            injunction of any court or governmental body relating to the offer,
            sale or administration of the insurance or debt protection programs
            and such order or injunction is not dismissed within thirty (30)
            days; or (v) Company's voluntary bankruptcy, insolvency or
            assignment for the benefit of creditors.

                                       2
<PAGE>


            (e) Right to cure.
            Both parties shall have the right to cure any event that would
            provide either party the right to terminate this Agreement for cause
            within thirty (30) days after written notice is received of the
            occurrence of such event unless a shorter period of time to cure
            such occurrence is provided by this Agreement. Such notice shall
            include a specific reference to the provision or provisions of this
            Agreement which are alleged to have been breached, a description of
            the event giving rise to the alleged violation, and the action to be
            taken by the party alleged to have violated the Agreement. During
            the cure period, neither party shall terminate the Agreement.
            Paragraphs 9(c)(iii) and 9(d)(iii) are hereby expressly excluded
            from this right to cure.

4. Section 21 shall be added to the Agreement as follows:

      21.   As soon as practicable, Company agrees to retain a program
            management/training resource who will reside in Texas and who will
            have daily interaction with Customer's representatives in an effort
            to increase sales volume. One resource shall be hired with respect
            to all products underwritten or issued by Company and its affiliates
            under this and any other agreement between Company and Customer.

5. Section 22 shall be added to the Agreement as follows:

      22.   Exclusivity.
            During the term of this Agreement, as extended from time to time,
            Customer shall utilize Company exclusively for the insurance written
            hereunder, or any product which provides similar coverage.

            Notwithstanding the foregoing, in the event a product offered by
            Company hereunder is discontinued in any state and Company is unable
            to offer a substantially similar replacement product immediately,
            Customer may obtain such discontinued product for its customers in
            the affected state from another carrier. Company will provide
            Customer notice of plans to discontinue a product ninety (90) days
            prior to discontinuation, unless a regulatory mandate does not allow
            for as much as ninety (90) days advance notice.

            Further, in the event of a proposed rate decrease in any state which
            results in a rate for any product or group of products which would
            produce a decrease in annual premium production or debt protection
            fees greater than $100,000, then Company shall have sixty (60) days
            from and after the scheduled implementation date of the rate
            decrease to attempt to obtain approval of a different rate. If
            Company is unable within said sixty (60) days to obtain approval of
            a rate which is within one percent (1%) of the rate for a similar
            product available through another carrier in said state, then at the
            end of said sixty (60) day period Customer may offer such product
            through another carrier in the affected state until such time as
            Company can offer a rate for a substantially similar product that is
            within one percent (1%) of the alternative carriers' rate.

                                       3
<PAGE>


            Customer shall not terminate or aid, directly or indirectly, in the
            termination of any insurance written hereunder unless such
            termination is initiated by an insured, without encouragement by
            Customer. Nothing herein shall prohibit individual customer
            cancellations handled in the normal course of business.

            Further, in the event Customer implements a debt protection program,
            Company shall administer said debt protection program at a fee equal
            to 9.25% of net fees charged to participants under such program,
            which shall decrease to 9% at such time as the cumulative total of
            (i) net fees for the debt protection program and (ii) net premiums
            written since the First Amendment Effective Date for the business
            written under this Agreement and the Texas SERA (as defined in
            Section A.(1)(b)(ii) of the Group Experience Rating/Contingent
            Compensation Addendum), reaches $125,000,000.

6.    The amounts to be used for future inception-to-date calculations under the
      Group Experience Rating/Contingent Compensation Addendum as of the First
      Amendment Effective Date are set forth on Schedule C attached hereto and
      made a part hereof.

7.    The first paragraph of Section A and paragraph (1) of Section A of the
      Group Experience Rating/Contingent Compensation Addendum shall be amended
      to read as follows:

      A.    Within 10 days after each calendar quarter commencing with the First
            Amendment Effective Date and continuing while said Service Expense
            Reimbursement Agreement is in force, Company agrees to return Group
            Experience Rating/Contingent Compensation Credit on the coverages
            written under said Agreement as follows:

            (1)   Premium amounts will be calculated as follows and added
                  together.

                  (a)   The cumulative net earned premiums written in the State
                        of Louisiana prior to the First Amendment Effective
                        Date, which shall be based upon the agreed-upon
                        cumulative figures set forth in paragraph 5 of the First
                        Amendment, for each type of insurance shown in Paragraph
                        H of this Addendum, multiplied by 90%.

                  (b)   The cumulative net earned premiums in the State of
                        Louisiana commencing with the First Amendment Effective
                        Date and continuing for all months (each month being
                        considered as a full month rather than day-by-day) in
                        which some time during such month the total combined net
                        fees and insurance premiums written since the First
                        Amendment Effective Date under the following agreements
                        amount to $125,000,000 or less:

                                       4
<PAGE>


                        (i)   this Agreement, and

                        (ii)  the Service Expense Reimbursement Agreement
                              effective July 1, 1998 covering Texas business
                              entered into between Voyager Life Insurance
                              Company, Voyager Property & Casualty Insurance
                              Company, American Bankers Life Assurance Company
                              of Florida, Ranchers & Farmers Mutual Insurance
                              Company and CAI, L.P., successor in interest to
                              Affiliates Insurance Agency, Inc., as amended from
                              time to time (in which American Bankers Insurance
                              Company of Florida was subsequently added and
                              Voyager Life Insurance Company and Voyager
                              Property and Casualty Insurance Company were
                              subsequently deleted as signatories) (the "Texas
                              SERA"), and

                        (iii) net fees for the debt protection program

                        multiplied by 89.75%; and

                  (c)   The cumulative net earned premiums in the State of
                        Louisiana commencing with the first full month (each
                        month being considered as a full month rather than
                        day-by-day) written since the First Amendment Effective
                        Date, in which the total combined net fees and insurance
                        premiums under the agreements set forth in paragraphs
                        (i) through (iii) immediately above, exceed
                        $125,000,000, multiplied by 90%

                  and from the total there shall be deducted the sum of the
                  following items for each type of insurance:

                  (d)   The cumulative total of all losses and loss expenses,
                        including all allocated loss adjustment expenses
                        incurred, and
                  (e)   All reserves, and
                  (f)   The cumulative total of all earned expense
                        reimbursements, paid or allowed Customer by Company, and
                  (g)   The cumulative total of all amounts previously paid to
                        Customer in accordance with this Addendum.

8.    The last paragraph of Section A of the Group Experience Rating/Contingent
      Compensation Addendum, which is set forth below, shall be deleted in its
      entirety:

            For purposes of this Addendum, any amounts accumulated under that
            certain Group Experience Rating/Contingent Compensation Credit
            Addendum, made effective December 30, 1994, from the sale of the
            above described Insurance in Louisiana shall be included in the
            calculations of the Group Experience Rating/Contingent Compensation
            Credit under this Paragraph A.

                                       5
<PAGE>


9.    Section G of the Group Experience Rating/Contingent Compensation Addendum
      shall be amended to read as follows:

      G.    In the event of termination of the Service Expense Reimbursement
            Agreement, Company shall continue to pay expense reimbursement
            payments as outlined in Section A of this Addendum. However, in the
            event a "deficit" exists or is projected at any time as a result of
            the calculation under Section A of this Addendum, Company may
            decrease the rate of Expense Reimbursement as provided in Section 8
            of the Agreement.

10.   Section H of the Group Experience Rating/Contingent Compensation Addendum
      shall be amended to read as follows:

      H.    It is hereby understood that Paragraph A pertains to only the
            following types of insurance, at the indicated percent rates as
            shown for each type of insurance:

                  Type of Insurance                       Percent Rate
                  -----------------                       ------------
                  Credit Life                                  (*)
                  Credit Accident & Health                     (*)
                  Credit Property                              (*)
                  Involuntary Unemployment Ins.                (*)
                  Leased Property                              (*)
      --------
      (*)
      (i)   The Percent Rate shall be 90% prior to the First Amendment Effective
            Date.
      (ii)  After the First Amendment Effective Date, the portion of insurance
            under this Agreement to which the Percent Rate applies shall be
            89.75% as to any month (each month being considered as a full month
            rather than day-by-day) in which the total combined net fees and
            insurance premiums written since the First Amendment Effective Date
            under the following agreements amount to $125,000,000 or less:
            (a)   this Agreement, and
            (b)   the Texas SERA, and
            (c)   net fees for the debt protection program.

      (iii) After the First Amendment Effective Date, the portion of insurance
            under this Agreement to which the Percent Rate applies shall be 90%
            commencing with any month (each month being considered as a full
            month rather than day-by-day) in which the total combined net fees
            and insurance premiums written since the First Amendment Effective
            Date under the agreements listed in paragraphs (a) through (c)
            immediately preceding exceed $125,000,000.

                                       6
<PAGE>


      The attached Schedule B sets forth an illustration of the calculation of
      the Group Experience Rating/Contingent Compensation Credit using the above
      rates.

11.   Section I of the Group Experience Rating/Contingent Compensation Addendum
      shall be amended to read as follows:

      Until such time as this Agreement is terminated, Company agrees to pay
      Customer investment income on the cash held by the Company, at the
      interest rate of an 18 month CD, as posted on the Bank One/Chase website.
      The cash held by the Company shall be calculated according to the
      following formula:

                        [*]%  of the cumulative net written premium
              Less:     the cumulative losses and loss expenses paid;
                        the cumulative advance commissions paid or retained; and
                        the cumulative contingent commissions paid or due.
              Equals:   cash held by Company.

      Each month the average cash held for the month will be calculated based on
      current and prior month balances of total cash held. The average cash held
      for the month shall be multiplied by the 18 month CD rate posted in the
      Bank One/Chase website at the end of the month divided by 12, to determine
      the interest accrued for the month. The product of this calculation for
      each of the three months in a quarter shall be added to determine the
      investment income to be paid on cash withheld for the quarter.

      ----------
      [*] This percentage rate shall be the same as that applied under Section H
      of this Addendum, as amended by the First Amendment, based on the blended
      rate that results from the sliding scale contained therein.

12.   Schedule A of the Agreement shall be deleted in its entirety and restated
      as attached to this First Amendment.

13.   Section J. shall be added to the Group Experience Rating/Contingent
      Compensation Addendum and shall read as follows:

      J.    In the event Company has exercised its right to change the rate of
            Expense Reimbursement as provided in Section 8 of the Service
            Expense Reimbursement Agreement, as amended, Company and Customer
            shall thereafter conduct a review of the Group Experience
            Rating/Contingent Compensation Addendum to determine whether any
            adjustments under said Addendum are appropriate in order to avoid a
            future deficit or to maintain equity as to the Company and/or
            Customer in the calculation under the Group Experience
            Rating/Contingent Compensation Addendum. Any adjustment to the Group
            Experience Rating/Contingent Compensation Addendum shall be made
            only upon mutual written agreement, and any dispute relating thereto
            shall be resolved in accordance with the arbitration provisions of
            Section 10 of this Agreement.

                                       7
<PAGE>


14.   All other provisions of the Agreement shall remain in full force and
      effect, unaffected hereby.


IN WITNESS WHEREOF, this Amendment is executed as of the date set forth above by
the duly authorized representative of each party.


                                    CAI CREDIT INSURANCE AGENCY, INC.

                                    By:           /s/ David Atnip
                                       -----------------------------------------
                                    Print Name:   David Atnip
                                               ---------------------------------
                                    Title:        President
                                         ---------------------------------------
                                    Date:         7/21/2005
                                         ---------------------------------------


                                    AMERICAN BANKERS LIFE ASSURANCE
                                    COMPANY OF FLORIDA, as successor in interest
                                    to VOYAGER LIFE INSURANCE COMPANY

                                    By:           /s/ Valerie Seasholtz
                                       -----------------------------------------
                                    Print Name:   Valerie Seasholtz
                                               ---------------------------------
                                    Title:        Senior Vice President
                                         ---------------------------------------
                                    Date:             7/21/2005
                                         ---------------------------------------


                                    VOYAGER PROPERTY & CASUALTY
                                    INSURANCE COMPANY

                                    By:           /s/ Valerie Seasholtz
                                       -----------------------------------------
                                    Print Name:   Valerie Seasholtz
                                               ---------------------------------
                                    Title:        Senior Vice President
                                         ---------------------------------------
                                    Date:         7/21/2005
                                          --------------------------------------

                                       8
<PAGE>


                                    AMERICAN BANKERS LIFE ASSURANCE
                                    COMPANY OF FLORIDA

                                    By:           /s/ Valerie Seasholtz
                                       -----------------------------------------
                                    Print Name:   Valerie Seasholtz
                                               ---------------------------------
                                    Title:        Senior Vice President
                                         ---------------------------------------
                                    Date:         7/21/2005
                                          --------------------------------------


                                    AMERICAN BANKERS INSURANCE COMPANY
                                    OF FLORIDA

                                    By:           /s/ Valerie Seasholtz
                                       -----------------------------------------
                                    Print Name:   Valerie Seasholtz
                                               ---------------------------------
                                    Title:        Senior Vice President
                                         ---------------------------------------
                                    Date:         7/21/2005
                                          --------------------------------------


                                    AMERICAN RELIABLE INSURANCE COMPANY

                                    By:           /s/ Authur W. Heggen
                                       -----------------------------------------
                                    Print Name:   Authur W. Heggen
                                               ---------------------------------
                                    Title:        Assistant Secretary
                                         ---------------------------------------
                                    Date:         7/21/2005
                                          --------------------------------------

                                    AMERICAN BANKERS GENERAL AGENCY, INC.
                                    On behalf of
                                    RANCHERS & FARMERS MUTUAL INSURANCE
                                    COMPANY

                                    By:           /s/ Charles D Helton
                                       -----------------------------------------
                                    Print Name:   Charles D Helton
                                               ---------------------------------
                                    Title:        President
                                         ---------------------------------------
                                    Date:         7/21/2005
                                          --------------------------------------


                                       9
<PAGE>


                                   SCHEDULE A

This  Schedule A is  attached  to and by  reference  made a part of the  Service
Expense  Reimbursement  Agreement indicated above (the "Agreement")  between the
insurance  companies named below  ("Company") and CAI Credit  Insurance  Agency,
Inc. ("Customer"). This Schedule A is effective June 30, 2005.
<TABLE>
<CAPTION>
<S>       <C>                    <C>    <C>            <C>       <C>       <C>

                                                                  Maximums Allowed
------------------------------------------------------------------------------------
                                           Expense
                                         Reimbursement
 Company*     Insurance Type      State      Rate       Coverage  Benefits   Term
 ---------    --------------      -----      ----       --------  --------   ----
------------------------------------------------------------------------------------
   ABLAC     Credit Life - SP      LA         35%        $20,000     N/A    60 mos.
------------------------------------------------------------------------------------
   ABLAC     Credit Life - MOB     LA         35%        $20,000     N/A     1 mo.
------------------------------------------------------------------------------------
   ABLAC    Credit Accident &      LA         35%          N/A      $800    60 mos.
               Health - SP
------------------------------------------------------------------------------------
   ABLAC     Credit Accident &     LA         35%          N/A      $800     1 mo.
               Health - MOB
------------------------------------------------------------------------------------
   ARIC     Credit Property - SP   LA         35%        $20,000     N/A    60 mos.
------------------------------------------------------------------------------------
   VPCIC   Credit Property - MOB   LA         35%        $20,000     N/A     1 mo.
------------------------------------------------------------------------------------
   VPCIC      Leased Property      LA         35%        $10,000     N/A     1 mo.
------------------------------------------------------------------------------------
   ABIC         Involuntary        LA         35%          N/A      $500    60 mos.
            Unemployment - SP
------------------------------------------------------------------------------------
   VPCIC        Involuntary        LA         35%          N/A      $500    60 mos.
            Unemployment - MOB
------------------------------------------------------------------------------------


*Initials designate the following companies:
ABIC - American Bankers Insurance Company of Florida
ABLAC - American Bankers Life Assurance Company of Florida
ARIC - American Reliable Insurance Company
VPCIC - Voyager Property and Casualty Insurance Company
</TABLE>

                                       10
<PAGE>


                                   SCHEDULE B


If, as of the end of any month,  total combined net fees and insurance  premiums
written since the First Amendment Effective Date under the specified  agreements
total  $125,000,000  or less,  the  Percent  Rate  under  Section H of the Group
Experience  Rating/Contingent  Compensation Addendum, based upon which a payment
shall be made at the end of the respective  quarter,  shall be 89.75% as to each
such month (each month being considered as a full month rather than day-by-day).

If, as of the end of any month,  total combined net fees and insurance  premiums
written since the First Amendment Effective Date under the specified  agreements
exceed  $125,000,000,  the Percent Rate under Section H of the Group  Experience
Rating/Contingent  Compensation  Addendum,  based upon which a payment  shall be
made at the end of the  respective  quarter,  shall be 90% for that month  (each
month being considered as a full month rather than day-by-day) and thereafter.

                                       11