How much has your life changed in the last few years? Whether you've purchased a home, gotten married, or had children, Life insurance can provide financial support for those who depend on you.
Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured person.
Farmers Life® offers three types of life insurance — and each has unique characteristics:
Term life is a type of life insurance policy that covers a specified period of time — generally for 10, 20 or 30 years; a great option if you have a more limited budget.
Whole life is permanent insurance — you’re insured throughout your lifetime, or until the policy matures, as long as you continue to pay your premiums per terms of the contract.
Like whole life, universal life is permanent insurance that may also accumulate a cash value. It offers more flexibility, and you can tailor a policy to meet changing priorities with flexible premiums and face amounts.
Term life provides coverage for a specific period of time and it’s usually cheaper than whole life.
Term life provides coverage for a specific period of time and it’s usually cheaper than whole life.
Whatever your life insurance needs, we have the knowledge and the experience to help you find the right coverage for you and your loved ones.
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Whatever your business is, we have the knowledge and the experience to help you find the right coverage for your needs.