Whether you want to help pay off your mortgage if you’re not there, provide funds for your children’s education or supplement your retirement income, our goal is to help you select a Life insurance product that does what you want it to do, while staying within your budget. We will sit down with you and help you develop a Life insurance solution that meets your goals.
Term Life Insurance
Term Life insurance is one of the most affordable Life insurance products. The lower premiums make these products ideal for young families, those with limited cash resources, or anyone with a short-term need. Farmers offers a number of Term Life insurance products; we are here to suggest ones suitable for your situation.
Permanent Life Insurance
Permanent Life insurance products are designed to offer Life insurance coverage for your entire life. Most Permanent Life insurance products offer the added benefit of cash value accumulation. Money grows within your policy and the growth is generally income tax-deferred.* We offer two types of Permanent Life insurance products: Whole Life and Universal Life.
Our basic Whole Life insurance policies are designed to guarantee that premiums will never increase on the basic policy. The policy’s death benefit will never decrease unless you request it and cash value growth is guaranteed. We also offer products that may add excess credits to your policy. We can suggest a Whole Life policy that is right for your situation.
Our Universal Life insurance policies are designed to allow you to customize your Life insurance policy to meet your needs. If these policies are properly managed, you may never need another policy. These policies offer you:
- Flexible premiums
- Flexible death benefits
- Guaranteed and non-guaranteed income tax-deferred cash accumulation
Business Life Insurance
No business should be without the coverage Life insurance offers. We can help you choose a product to suit your needs. Please note – this information is for informational purposes only. You should consult your attorney, accountant or tax advisor for legal or tax advice.