Effective September 27, 2008, State Farm® discontinued offering Variable Products. State Farm Variable Universal Life Base Increases, Base Decreases, Guaranteed Insurability Option Elections (GIO)*, and Option Changes are still a choice for existing Variable Universal Life policies. Variable Universal Life policies also continue to accept premium payments up to the maximum guidelines.
*Policies must already have the GIO rider in place. Riders can no longer be added to existing policies.
For complete information about State Farm Variable Products expenses, view the prospectus online, or contact:
State Farm Insurance Companies – Variable Operations Center
PO Box 2307
Bloomington, IL 61702-2307
Or fax to 855-363-7052
(For policies purchased in NY and WI, fax to 855-618-8528)
Read the prospectus carefully before you invest or send money. For details on coverage, costs, restrictions, and renewability, contact the State Farm Insurance Companies – Variable Operations Center at 888-702-2307.
Prospectus & Reports
Before investing, consider the funds' investment objectives, risks, charges and expenses. Contact State Farm VP Management Corp (888-702-2307) for a prospectus containing this and other information. Read it carefully.
Investing involves risk, including potential for loss.
Guarantees based on the claims paying ability of the issuing State Farm life insurance company.
Neither State Farm® nor its agents provide tax or legal advice.
State Farm VP Management Corp. is a separate entity from those State Farm entities which provide banking and insurance 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)
Home Office, Bloomington, Illinois
State Farm VP Management Corp.
(Underwriter and Distributor of Securities Products)
One State Farm Plaza
Bloomington, Illinois 61710-0001
Each insurer is financially responsible for its own products.
Variable Universal Life policy series 97035, 97036, 97085, and A97035.
BUSINESS CONTINUITY PLAN DISCLOSURE FOR STATE FARM VP MANAGEMENT CORP.
State Farm VP Management Corp. has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us — If after a significant business disruption you cannot contact your State Farm agent (registered representative) as you usually do, you should go to our web site at statefarm.com® or you may contact us at 1-833-593-7109.
Our Business Continuity Plan — We plan to quickly recover and resume business operations as soon as possible after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and procedures to help ensure that our customers have prompt access to their funds and securities if we are unable to continue our business.
Our business continuity plan may be revised or amended. If changes are made, an updated summary will be promptly posted on our website (statefarm.com®) or you may obtain an updated summary by calling us at the number below and requesting that a written copy be mailed to you.
Varying Disruptions — Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we may transfer our operations to a local site when needed and expect to recover and resume business within 1 business day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and expect to recover and resume business within 3 business days. In either situation, we plan to continue in business, transfer operations if necessary, and notify you through our web site statefarm.com®, or you can contact us at 1-833-593-7109. In the unlikely event that the significant business disruption is so severe that it prevents us from remaining in business, our plan provides procedures to help ensure that our customers have prompt access to their funds and securities.
In all of the situations described above, in light of the various types of disruptions that could take place and that every emergency poses unique problems, it may take longer to resume operations during any particular disruption.
For more information — If you have questions about our business continuity planning, you can contact us at 1-833-593-7109.
Not FDIC Insured
- No Bank Guarantee
- May Lose Value