Life Insurance — Coverage, Rates and Quotes
State Farm Life Insurance Company or State Farm Life and Accident Assurance Company (Licensed in New York and Wisconsin) can help you find coverage that's right for you and your loved ones. Our life planning videos and calculator can help you understand your options, and figure out how much and what kind is right for you, before getting your life insurance quote.
Get a Life Quote
Learn About Life Insurance
What is life Insurance? What are Living Benefits? Watch and learn all the ways life insurance from State Farm™ can help you protect what matters most—now and in the years to come.
J.D. Power Honors State Farm3
We're honored to earn "Highest Customer Satisfaction Among Life Insurance Providers, Three Years in a Row".
Beyond the Basics
Servicing Your Policy
Coverages at a Glance
Whether you're looking for the affordability of term insurance, the lifelong protection and cash value of permanent insurance, or a combination of both, we have options to fit your needs and budget. Decide which coverage is right for you before getting a life insurance quote.
|Term Life||Whole Life||Universal Life|
|Advantages||Simple, affordable coverage for a period of time||Lifetime coverage with access to cash value||Flexible coverage flexible premiums|
|What It's Used For||Appropriate for short-term coverage needs||Life insurance for life-long needs||Permanent protection and flexibility|
|Guaranteed Death Benefit|| Yes
Provided premiums are paid as required
Guaranteed for the life of the policy provided premiums are paid as required
|Cash Value||Available only for Return of Premium Term|| Yes
Cash value growth is tax-deferred.
Cash value growth is tax-deferred.
|Lifetime Level Premiums|| Yes
Guaranteed for the life of the policy
|Lifetime Coverage1|| Yes
Guaranteed for the insured's lifetime, provided premiums are paid as r
It is possible coverage will expire when either no premiums are paid following the initial minimum premium or subsequent premiums are insufficient to continue coverage1
|Flexible Premiums1|| Yes
Available for the insured's lifetime1
Eligible to earn dividends; however, dividends are not guaranteed2
|Available Policies|| Term Life Policies
Select Term 10, 20, 30
Return of Premium 20, 30
Mortgage Life 15, 30
Learn more about Term Life
| Whole Life Policies
Limited Pay 10, 15, 20
Single Premium Life
Final Expense ($10,000 Whole Life in NY)
Learn more about Whole Life
| Universal Life Policies
Survivorship Universal Life
Joint Universal Life
Learn more about Universal Life
Find an Agent
1 With Universal Life it is possible coverage will expire when either no premiums are paid following the initial minimum premium or subsequent premiums are insufficient to continue coverage.
2 Whole Life policies are eligible to earn dividends; however, dividends are not guaranteed.
3 State Farm received the highest numerical score in the J.D. Power 2014-16 Life Insurance Study. 2016 study based on 6,455 total responses from 26 life insurance providers measuring experiences and perceptions of customers, surveyed June-July 2016. Your experiences may vary. Visit jdpower.com.
This is a general description of coverage. A complete statement of coverage is found only in the policy.
For more details on coverage, costs, restrictions, and renewability; or to apply for coverage, contact your local State Farm agent.
Insurance policies and/or associated riders and features may not be available in all states, and policy terms and conditions may vary by state.
Not FDIC Insured
- No Bank Guarantee
- May Lose Value
State Farm Life Insurance Company (Not licensed in MA, NY or WI)
State Farm Life and Accident Assurance Company (Licensed in NY and WI)
Each insurer is financially responsible for its own products.