FIRST AMENDMENT TO
                     SERVICE EXPENSE REIMBURSEMENT AGREEMENT
                                     (Texas)

     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 and American Bankers
General Agency, Inc. on behalf of Ranchers & Farmers Mutual Insurance Company
(collectively "Company") and CAI, L.P., successor in interest to Affiliates
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 Voyager Life Insurance
     Company and Voyager Property & Casualty Insurance Company as signatories,
     and to add American Bankers Insurance Company of Florida as a signatory.

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

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<PAGE>


          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.

          (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.

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<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.

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<PAGE>


          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.

          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 Louisiana 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:

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<PAGE>


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

          (a)  The cumulative net earned premiums written in the State of Texas
               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 Texas
               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:
               (i)  this Agreement, and
               (ii) the Service Expense Reimbursement Agreement effective July
                    1, 1998 covering Louisiana 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 and American
                    Reliable Insurance Company were subsequently added and
                    Voyager Life Insurance Company and Ranchers & Farmers Mutual
                    Insurance Company were subsequently deleted as signatories)
                    (the "Louisiana 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 Texas
               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:

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<PAGE>


          (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 Texas shall be included in the calculations of
          the Group Experience Rating/Contingent Compensation Credit under this
          Paragraph A.

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                         (*)

     --------
     (*)

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<PAGE>


    (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 Louisiana 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.

     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

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<PAGE>


     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.

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, L.P., by its General Partner
                                                     Conn Appliances, Inc.

                                            By:           /s/ David R. Atnip
                                               ---------------------------------

                                            Print Name:   David R. Atnip
                                                      --------------------------

                                            Title:        Treasurer
                                                 -------------------------------

                                            Date:         7/21/2005
                                                --------------------------------


                                       8
<PAGE>


                                              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
                                                  ------------------------------


                                              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
                                                  ------------------------------

                                       9
<PAGE>


                                              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
                                                  ------------------------------




                                       10
<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, L.P. ("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      TX         35%        $20,000     N/A    60 mos.
------------------------------------------------------------------------------------
  ABLAC      Credit Life - MOB     TX         35%        $20,000     N/A     1 mo.
------------------------------------------------------------------------------------
  ABLAC      Credit Accident &     TX         35%          N/A      $800    60 mos.
                Health - SP
------------------------------------------------------------------------------------
  ABLAC      Credit Accident &     TX         35%          N/A      $800     1 mo.
               Health - MOB
------------------------------------------------------------------------------------
   R&F      Credit Property - SP   TX         35%        $20,000     N/A    60 mos.
------------------------------------------------------------------------------------
   R&F     Credit Property - MOB   TX         35%        $20,000     N/A     1 mo.
------------------------------------------------------------------------------------
   R&F        Leased Property      TX         35%        $10,000     N/A     1 mo.
------------------------------------------------------------------------------------
  ABIC          Involuntary        TX         35%          N/A      $500    60 mos.
             Unemployment - SP
------------------------------------------------------------------------------------
  ABIC          Involuntary        TX         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
R&F - Ranchers & Farmers Mutual Insurance Company
</TABLE>

                                       11
<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.

                                       12