15 Pay Life Insurance

Lifetime insurance protection with only
15 years of premium payments.

This policy provides lifetime protection with premium payments limited to 15 years. No additional premiums will ever be required.

15 Pay Life is recommended for anyone who would like to only pay premiums for a 15-year period. This may include:

• Children and grandchildren: parents and grandparents can provide lifetime insurance protection for children, without paying premiums for a lifetime.
• Mature adults: especially those with at least 15 years before retirement. This policy can provide lifetime protection and avoid the need to pay premiums during retirement.
• Young adults: those with disposable income who would like to pay off their life insurance while they're young and rates are lower.

Things you'll like about 15 Pay Life Insurance:

• Guaranteed lifetime death benefit protection
• Dividends, although not guaranteed, may be used to purchase additional insurance
• Federal income tax-deferred cash value growth
• Accelerated cash value accumulation
• Limit premium payments to 15 years
• Death benefit passes tax-free to beneficiary

Facts and Figures for 15 Pay Life Insurance:

• Issue ages: 0 - (80)
• Ages 0 – 19 with face amount less than $100,000 includes Waiver of Premium and Guaranteed Insurability Option*
• Minimum/Maximum amounts: $25,000 minimum, no maximum**
• Premium modes: Annual, Semi-Annual, Quarterly, Special Monthly

Contact your State Farm agent for details on coverage, costs, and restrictions. This is only a general description of coverage. A complete statement of coverage is found in the policy.

You can also obtain a quote online.

Policy series 07002 in all states except MT, NY, WI; 07052 in MT, A07002 in NY & WI.

*Policy series 07001 in all states except MT, NY, WI; 07051 in MT, A07001 in NY & WI.

**In New York only there are maximum juvenile insurance limits. Please contact your agent for details.

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