Whole Life Guaranteed 20 Pay Insurance – A Lifetime of Benefits, Not a Lifetime of Payments

Life insurance can be the foundation for a family's financial protection. We offer permanent life policies that not only help your family prepare for the unexpected, but also build cash value you can use during your lifetime.

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Whole Life Guaranteed 20 Pay

The coverage lasts. The premiums don't. This policy can be completely paid for in 20 years. If purchased early enough in life, it'll help you avoid paying premiums during your retirement. That's the beauty of a Whole Life Guaranteed 20 Pay policy. You could secure a lifetime of life-enhancing benefits, without paying a lifetime of premiums.

Did you know? A Whole Life Guaranteed 20 Pay policy is ideal for a child — in addition to starting insurance coverage they will need as an adult, the policy earns cash value, which generally grows tax-deferred. It allows the parent to transfer the coverage to their child once it's completely paid-up after 20 years.

Sample rates are for a 25-year-old female in good health. Contact an agent to receive personal pricing.

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Premium Duration Coverage Issue Ages
20 Years Starting at $10,000 0 to 75

Customize Your Policy

Add value to your Whole Life Guaranteed 20 Pay insurance policy with options and riders.


1Unpaid loans and withdrawals will reduce the guaranteed death benefit and policy cash value. Loans accrue interest.

This is only a general description of coverage. A complete statement of coverage is found only in the policy. For more details on coverage, costs, and restrictions, or to apply for coverage, contact a local State Farm agent.

There are limitations and conditions regarding payment of benefits due to misrepresentations on the application or when death is the result of suicide in the first two policy years.