Return of Premium (ROP) Term - 20

Provides term life insurance protection to age 95 with premiums level for 20 years.

Return of Premium Feature: The initial premium is guaranteed for the first 20 years. After this time period, if the insured survives, the premiums are returned.

Eligible age at time of application:

20 - 60  Non –Tobacco Classes

20 - 55 Tobacco Classes

Minimum policy: $100,000 (minimum for Super Preferred 250,000) Guaranteed premiums: Premiums are guaranteed and level for 20 years.

At the end of 20 years, premiums go up and increase annually, and are adjustable, as long as you choose to continue the policy.

Premium classifications: State Farm® is able to offer you one of the following premium classifications depending on eligibility.

Regular: Available for current tobacco or other nicotine product users or those who have used tobacco or other nicotine products within the 12-month period prior to application.

Preferred Tobacco: Available for current tobacco or other nicotine product users and those who have used tobacco and other nicotine products within the 12-month period prior to application and can meet underwriting requirements more stringent than the Regular risk category.

Non-Tobacco: Available for those who do not currently use tobacco or have not used tobacco or other nicotine products within the 12-month period prior to application.

Preferred: Available for those who do not currently use tobacco or other nicotine products and have not used tobacco or other nicotine products within the 12-month period prior to application and can meet underwriting requirements more stringent than the Non-tobacco risk category.

Super Preferred: Available for those who do not currently use tobacco or other nicotine products and have not used tobacco or other nicotine products within the 36-month period prior to application and can meet underwriting requirements more stringent than the Preferred risk category (application minimum $250,000 for Super Preferred rates).

Adjustable premiums: Adjustable premiums means State Farm may raise or lower premiums after 20 years, based on future expectations of investment earnings, mortality, persistency, and expenses. Premiums may never be raised above the maximum premiums stated in the policy.

Convertible: If your temporary needs turn to permanent needs, and you now need permanent life insurance, these policies have a conversion feature. In all states this option can be exercised anytime while the policy is in force, up to the policy anniversary when the insured is age 75 or the 5th policy year (whichever is later). You can convert the policy to any whole life policy offered by State Farm, subject to established minimums. This conversion can be done without evidence of insurability.

Optional riders: You can enhance your ROP Term - 20 policy and provide additional protection for you and your family. The following riders are available with our ROP Term - 20 policy for an additional premium:

Waiver of premium for disability: 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, this coverage will waive all future policy premiums as long as the insured continues to be totally disabled.

Children's term 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.

This is a general description of coverage. A complete statement of coverage is found only in the policy.

Contact your State Farm agent for details on coverage, costs, restrictions, and renewability.

You can also obtain a quote online.

Adjustable Premium Level Term Life Insurance policy series 08025 in all states except CA, MT, NY, WI; 08075 in MT, A08025 in NY & WI, and not available in CA.

Children’s Term Life Insurance Benefit Rider, used with Adjustable Premium Level Term, policy series 08144 in all states except CA, MT, NY, WI; 08444 in MT, A08144 in NY & WI, and not available in CA.

Waiver of Premium Benefit Rider, used with Adjustable Premium Level Term, policy series 08208 in all states except CA, MD, MN, MT, NC, NH, NY, PA, UT, VT, WA, WI; 08508 in MT, A08208 in NY & WI, and not available in CA, MD, MN, NC, NH, PA, UT, VT, WA. 

Issued by:
State Farm Life Insurance Company (Not licensed in MA, NY, or WI)
Bloomington, IL
State Farm Life and Accident Assurance Company (Licensed in NY and WI)
Bloomington, IL
IL-152.2