Life Insurance

Farmers Life Insurance

When you have a family and a home, a good life insurance policy helps ensure both are secure if an unexpected tragedy should befall the head of household. Farmers offers a range of life insurance coverage to make sure your family is secure.

Farmers’ Term Level 2000 ensures mortgage payments, your children’s college tuition, lingering personal debt or other financial obligations are met in the event of your demise. Farmers also offers an accelerated death benefit, which pays a portion of a policy’s benefit upon diagnosis of a terminal illness. Other special riders and benefits can be added to tailor coverage specifically for your unique circumstances.

Farmers’ Decreasing Term Life Insurance offers coverage for as few as 15 years and as many as 30 with benefit amounts decreasing over time while the premium remains fixed. A Deposit Fund account also can be created with a minimum payment of $25 and drawing interest compounded annually. Money can be withdrawn from the deposit fund without affecting the policy’s death benefit. Farmers’ Whole Life Insurance creates a level premium lasting a lifetime and offering “living benefits” for the policyholder. Farmers also offers a Fixed Premium, Whole Life policy providing a constant level of protection, fixed premiums until age 100 and growing a guaranteed 4.5 percent every year.

The Premier Whole Life policy can be tailored for special needs with a variety of rider options, including one-year term, single premium paid-up, accidental death and other specialized coverage. Farmers even lets you insure your children or grandchildren through its Juvenile Premier Whole Life policy, which ensures they will have life insurance coverage even if health or other factors arise later on that would disqualify them from obtaining life insurance elsewhere.