Whole Life Insurance Policies

Premiums are paid for a limited number of years, but the benefits last a lifetime.

• Premiums are payable for 20 years.
• You can pay premiums monthly, quarterly, semi-annually, or annually.
• Guaranteed cash value grows tax-deferred. Cash values can be accessed during your lifetime.1
• The policy is eligible to earn dividends, however, dividends are not guaranteed. Dividends can accumulate at interest, purchase paid up additional insurance, reduce future premiums, or be payable in cash. The choice is yours 2
• 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

And typically, the sooner you purchase your policy, the lower your premiums will be. Talk to a State Farm agent for details on costs, coverages, and restrictions.

This rider "insures the insurability" of the insured. With this rider an insured has the right to buy additional amounts of insurance, on specific option dates, without evidence of insurability, at standard rates.

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.