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State Farm Life Insurance
State Farm offers the life insurance policies and tools you need
to help provide for the ones you love - now and in the years to come.
to help provide for the ones you love - now and in the years to come.
Get a Life Quote
Life Planning
Want to learn more about State Farm life insurance? Our Life Planning tools and information
will help you get up to speed on everything from the basics to advanced planning options.
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Beyond The Basics
Servicing Your Policy
Coverages At A Glance
Whether you're looking for the affordability of term insurance, the lifelong protection and cash value
of permanent insurance, or a combination of both, we have options to fit your needs and budget.
| Term Life | Whole Life | Universal Life | ||
|---|---|---|---|---|
| Advantages | Simple, affordable coverage for a period of time. | Lifetime coverage with access to cash value. | Flexible coverage & flexible premiums. | |
| What It's Used For | A specific period of protection | Lifetime coverage with access to cash value | Lifetime Protection and access to cash value | |
| Guaranteed Death Benefit |
Is provided for a specific term |
For the life of the policy |
Subject to proper funding |
|
| Guaranteed Cash Value
|
Available only for Return of Premium |
For the life of the policy |
Subject to proper funding |
|
| Lifetime Level Premiums
|
|
For the life of the policy |
|
|
| *Lifetime Coverage |
|
For the insured's lifetime |
Subject to proper funding |
|
| *Flexible Premiums |
|
|
Available for the insured's lifetime |
|
| **Pays Dividends |
|
Dividends are payable, although not guaranteed |
|
|
| Available Policies |
Term Life Policies |
Whole Life Policies |
Universal Life Policies |
* With Universal Life it is possible coverage will expire when either no premiums are paid following the initial minimum premium or subsequent premiums are insufficient to continue coverage.
** Whole Life policies are eligible to earn dividends, however, dividends are not guaranteed.
State farm is a member of Assuris. Assuris is the not for profit organization that protects Canadian policyholders in the event their life insurance company fails. Details about Assuris’ protection are available at www.assuris.ca or by calling the Assuris Information Centre at 1-866-878-1225.
Disclosures
Insurance policies and/or associated riders or features may not be available in all provinces, and policy terms and conditions vary by province.
This is a general description of coverage. A complete statement of coverage is found only in the policy.
For more details on coverage, costs, restrictions, and renewability; or to apply for coverage, contact your local State Farm agent.
State Farm agents do not provide tax, legal, or investment advice. Please consult your tax, legal, or investment advisor regarding your specific circumstances.
Coverage will expire when either no premiums are paid following the initial premium or subsequent premiums are insufficient to continue coverage.
Dividends are a return of premium and are based on the actual mortality, expense, and investment experience of the Company.
Dividends are not guaranteed.
Issued by:
State Farm International Life Insurance Company Ltd.
Aurora, Ontario. Licensed in Alberta, New Brunswick and Ontario.
IL-1000.0 CAN