Click on 'Insert,' again at the top of MS Word. When the menu appears, let your mouse arrow hover over 'Picture.' Here you'll have several options. You can create your letterhead on the fly using some of those options. However, for our purposes we'll opt to choose 'From File,' since we already have a ready graphic. Click on the option, 'From File,' and a dialogue box opens. Locate your graphic and then click on it and then click the 'Insert' button. Your graphic will then appear inside the dotted box.
As you can see, creating your personalized labels is really not so hard as it may seem. Why settle for something that is not exactly what you want, when you can make original and creative templates yourself? Just take the time to give it a shot. Creating templates is quick and easy, and having special labels created by you will give you a great satisfaction.