Protection and Cash Back — That's a Return of Premium Term Life Insurance Policy

You want to help protect your loved ones from financial hardship if you can't be there for them. That's what life insurance is all about. But instead of life-long life insurance coverage, you may only need to protect your family from long-term expenses such as the mortgage, your children's education, or a home equity loan.

In that case, Return of Premium Term Life insurance from State Farm Life Insurance Company or State Farm Life and Accident Assurance Company (Residents of NY and WI only) might be just what you need. It offers a level premium payment term of 20 or 30 years, whichever you choose. And if you outlive that level premium payment period, you'll get all the policy premiums you've paid back at the end of the term.1 A guarantee like that makes it easier to give your loved ones the financial protection they need.

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Items needed for a quote

Term Length Coverage Amount Issue Ages
20 or 30 Years Starts at $100,000 20 - 60 for Return of Premium Term Life
20 - 55 for Return of Premium Life 20, Tobacco & Preferred Tobacco
20 - 45 for Return of Premium Life 30

Sample rates below are for a 25-year-old female in excellent health in Illinois. Get a quote to see personal pricing. Need help choosing a policy? Compare policies.

Years Premium Coverage Personal Pricing
20 Years Starting at $39.80/mo*
$457.50 annually
$250,000 Get a quote
30 Years Starting at $40.25/mo*
$462.50 annually
$250,000 Get a quote

*Available up to age 55 for Tobacco and Preferred Tobacco Classes

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1 The Return of Premium benefit on the base policy is not taxable. Any Waiver of Premium for Disability Rider premiums returned as part of the Return of Premium benefit may be taxable.

2 Unpaid loans and withdrawals will reduce the guaranteed death benefit, policy cash value, and any Return of Premium benefits. Loans also accrue interest.

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.

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, and 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.

Policy Series Info

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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

Each insurer is financially responsible for its own products.