Important joint ownership information
- A joint account or policy can be owned by two or more people.
- Joint account or policy owners should be identified as "joint tenants with rights of survivorship."
- Joint policy owners act together to make changes to the policy, and any owner can access its funds.
- If one joint owner dies, the other owner(s) will have uninterrupted access to funds.
Neither State Farm® nor its agents provide tax or legal advice.
Each State Farm insurer has sole financial responsibility for its own products.
State Farm Life Insurance Company (Not licensed in MA, NY or WI)
State Farm Life and Accident Assurance Company (Licensed in NY and WI)
IL - 27.7