Whole Life Insurance Policies

Whole Life Insurance Policies

Life insurance can be the foundation for a family's financial protection. State Farm® offers a variety
of whole life insurance policies that not only helps your family prepare for the unexpected,
but can build cash value you can use during your lifetime


The sample rates below are for a 25 year old female in outstanding health. You can personalize it for you by clicking "Get a Quote".


Eligibility
Premium Period To age 100
Coverage Coverage begins at $25,000
for ages 0 to 49
Coverage begins at $15,000
for ages 50 to 85
Issue Ages 0 to 85
Starting at $ 78.13 /mo*
$898.00 annually
$100,000 of coverage

Get A Rate Quote

How it Works

Whole Life does more than help provide future financial security. Whole Life builds cash value over time, and typically, the sooner you purchase Whole Life, the lower your premiums will be.

  • The premium stays level for the life of the policy
  • Premiums can be paid monthly, quarterly, semi-annually, or annually
  • Guaranteed cash value that 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, buy 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 Whole Life, the lower your premiums will be.

Customize your Policy

Add even more value to your policy by buying any of these optional riders.3 A State Farm agent can help you customize a policy to meet your needs.

5 Year Term
This rider provides temporary insurance protection during a 5-year period only, but is renewable until the earlier of the policy anniversary when the insured is age 85 or the end of the premium period of the Basic Plan.
Select Term (10, 20, 30 Year)
This rider provides insurance protection to age 95 with premiums level for 10, 20 or 30 years depending on the rider selected.
Children's Term Rider
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.
Guaranteed Insurability Option
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.
Waiver of Premium for Disability
Helps preserve your plan at a time when income may be limited due to a disability. If the insured becomes totally disabled for 6 continuous months, as defined in the policy, prior to age 60, this coverage will waive future premiums as long as the insured continues to be totally disabled. If the insured becomes disabled between the ages 60 and 65, this coverage will waive premiums to the later of the third policy anniversary after total disability, and the anniversary when the insured is age 65.

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, 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.


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


2 Dividends are a return of premium and are based on the actual mortality, expense, and investment experience of the Company. Dividends are not guaranteed.


3 Insurance policies and/or associated riders and features may not be available in all states, and policy terms and conditions may vary by state.


Policy Series Info

Not FDIC Insured

  • No Bank Guarantee
  • May Lose Value

Issued by:

  • State Farm Life Insurance Company (Not licensed in MA, NY or WI)
  • State Farm Life and Accident Assurance Company (Licensed in NY and WI)
  • Bloomington, IL

IL-10.12

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Contact a local Agent for information or advice.



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