Life Coverage and Rates to Meet Your Needs - Get A Quote

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.

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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.

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 Appropriate for short-term coverage needs Life insurance for life-long needs Permanent protection and flexibility
Guaranteed Death Benefit
Yes
Provided premiums are paid as required
Yes
Guaranteed for the life of the policy provided premiums are paid as required
Cash Value Available only for Return of Premium
Yes
Cash value growth is tax-deferred
Yes
Cash value growth is tax-deferred
Lifetime Level Premiums
Yes
Guaranteed for the life of the policy
Lifetime Coverage1
Yes
Guaranteed for the insured's lifetime, provided premiums are paid as required
Yes
It is possible coverage will expire when either no premiums are paid following the initial minimum premium or subsequent premiums are insufficient to continue coverage1
Flexible Premiums1
Yes
Available for the insured's lifetime1
Dividends2
Yes
Eligible to earn dividends; however, dividends are not guaranteed2
Available
Term Life Policies:
Whole Life Policies:
Universal Life Policies:

Disclosures

1 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.


2 Whole Life policies are eligible to earn dividends; however, dividends are not guaranteed.

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