Farmers Insurance is best-known for auto and home coverage; however, they do provide several riders to make bundling your policy easier so you can have one bill covering all aspects of coverage.

Simple Term and Graded Whole policies don’t require medical exams and have lower coverage limits than comparable whole life policies.

Term life

Farmers life Insurance provides term life policies with death benefit coverage lasting ten, twenty or thirty years, providing death benefit coverage that can help pay off mortgages or cover funeral costs or debts after death as well as provide income replacement in case of accidental deaths and terminal illnesses. Furthermore, Farmers life offers several riders such as accidental death and terminal illness to enhance your coverage further.

Simple term policies from this company make qualifying for coverage easy without needing a medical exam or lab tests, while its indexed universal life and whole life policies provide greater levels of flexibility – they accumulate cash value that may be accessed through loans or withdrawals and allow you to set a level premium over its entire lifecycle.

Farmers offers several life insurance policies that can be tailored to your unique needs, such as the EssentialLife Universal Life policy which offers more adaptability than whole life and allows you to alter premiums and death benefits as needed. Other choices include Graded Benefit Whole Life policies and Index Universal Life policies which guarantee interest rates above a certain threshold level.

Costs associated with life insurance policies depend on a range of factors, including age, health and tobacco use as well as type of coverage you desire. In general, younger and healthier individuals will pay less. It is wise to carefully consider your options before selecting a policy.

Whole life

Farmers offers whole life and universal life policies designed to offer death benefit protection while building cash value, while universal policies allow you to adjust both premiums and death benefits – ideal options for people looking for long-term investments in life insurance coverage.

Farmers life insurance stands out among its peers by being financially secure, which is important for customers. AM Best rates Farmers with an A+ rating for financial strength. Furthermore, customer complaints to the National Association of Insurance Commissioners have been significantly less than anticipated.

Farmers offers not only whole life insurance policies but also final expense policies to cover funeral and burial expenses. While they provide lower coverage limits than whole or term life policies, final expense policies are especially beneficial for senior citizens who cannot pay these costs themselves.

Farmers Life does not offer 10- or 15-year terms on its whole life insurance policies, instead opting for 10, 20 and 30-year policies instead – something which may pose difficulties to individuals looking for mortgages.

Farmers provides an affordable whole life policy without needing a medical exam, known as Simple Term, with death benefits starting at $150,000. This option makes Farmers an excellent choice for anyone who wants affordable coverage without being bothered with an exam process.

Universal life

Farmers offers whole and universal life insurance policies which are permanent, lasting throughout your life and offering tax-deferred cash accumulation for emergencies or tax-deferred growth. While more costly than term coverage policies, this type of permanent policy provides you with lifetime security and may accumulate cash value that you can tap when needed.

Farmers offers several whole life policies, such as its EssentialLife Simple Whole Policy for adults aged 18-65 in increments of 10, 20 or 30 years with coverage starting at $75,000. Premiums remain level throughout and no medical exam or lab test are necessary to apply. In addition, Farmers provides small whole life policies known as Final Expense or Burial insurance to help protect families after death.

Farmers Life does not offer online application for its term policies, instead requiring personal contacts to generate quotes. Furthermore, it only offers 10 or 20 year terms as opposed to competitors that provide coverage up to 35 years.

Farmers New World Homeowners Insurance provides standard coverage for dwellings and personal property as well as loss of use and personal liability. In addition, it includes optional riders for water/drain backups, identity theft protection, valuable possessions coverage and earthquake coverage. Furthermore, this program features a green improvement program to reimburse policyholders who make green improvements after experiencing covered perils in their home.

Variable life

Farmers life insurance policies provide financial security to your loved ones after you pass. With both term and permanent policy options, this company offers various policies tailored specifically for each situation – affordable term life is typically available, while universal life policies offer greater cash accumulation with flexible premium payments.

Farmers offers both term and whole life policies, as well as two that do not require medical exams: Simple Term and Graded Benefit Whole policies. Both offer lower coverage limits than term/whole policies requiring exams.

Farmers isn’t as straightforward when it comes to providing its customers with information they require – for instance, details about its riders – on its website. Their “learn more” link at the bottom of its life insurance page doesn’t lead to another page but instead asks users to contact a local agent for additional advice.

Farmers Insurance boasts strong customer service ratings with an industry-leading complaint index, earning recognition from the National Association of Insurance Commissioners as an industry leader. Fitch, one of America’s premier credit agencies, awarded them an A+ rating for long-term financial strength and operating performance respectively.