Term Life Insurance

There has never been a better time to start than right now. There’s a lot more to like about these policies:

• The initial premium is guaranteed level for the term you select – 10, 20, or 30 years.
• You can pay your premiums monthly or annually.
• You can continue your coverage beyond the level premium term on an annually renewable basis to age 95. Your premiums will increase annually, but will never exceed the maximum premium stated in your policy.
• Tax-free death benefit – No matter how large your death benefit, it passes to your beneficiaries generally income tax-free.
• If you have auto insurance with State Farm, purchasing a State Farm Life Insurance policy may entitle you to a discount on your auto premiums with our multi-line discount.

Need lifelong coverage? Just convert to permanent coverage — no matter your state of health. Conversion options vary by province.

This rider provides temporary insurance for each eligible child that is named on the application, and any eligible children acquired in the future. This insurance can be converted at expiry, regardless of health, to provide continuing life insurance coverage for each child.

This rider provides insurance protection to age 95 with premiums level for 10, 20 or 30 years depending on the rider selected.

This waiver protects your life insurance at a time when income may be limited due to a disability. When the insured becomes totally disabled for 6 continuous months, as defined in the policy, prior to age 60 this coverage will waive all future policy premiums as long as the insured continues to be totally disabled. If the total disability for 6 continuous months occurs from age 60 up to age 65, this coverage will waive premiums to the later of the third anniversary after the disability and age 65 as long as the insured continues to be totally disabled.