Life Insurance
There is no better way to protect your family than to secure their financial future with a life insurance policy from the Southern Farm Bureau Life Insurance Companies. Your local Farm Bureau agent can help customize a plan designed to fit your lifestyle and budget, regardless of your reasons to plan for your family’s financial future. Get the Membership Advantage with a Farm Bureau life insurance policy. To have an agent contact you about a quote click here.
We offer the following types of plans:
Permanent Insurance Plans
Permanent Life Insurance policies provide protection for your entire lifetime and combine a death benefit and a cash value build up, generally providing more options than other forms of insurance.
Farm Bureau Insurance offers the following Permanent Life Insurance policies:
- Whole Life Insurance
- 15 Payment Life Insurance
- 20 Payment Life Insurance
- 30 Payment Life Insurance
- Modified Premium Whole Lie Insurance
- Single Premium Whole Life Insurance
- Adjustable Premium Life Insurance
Term Insurance Plans
Term Life Insurance policies protect you for the policy term, meaning a set period of time. If you live past the end of your term, the policy expires; however, many choose term insurance plans because they offer the largest amount of pure insurance protection for the lowest premium.
Farm Bureau Insurance offers the following Term Life Insurance policies:
- 10 Year Term Life Insurance
- 20 Year Term Life Insurance
- 30 Year Term Life Insurance
- Riders - 10 and 20 year term policies can be used as riders attached to a permanent policy, allowing flexibility in designing a plan to meet individual needs. Spouse and child riders are also available.
Survivor Insurance (2nd to Die)
Survivor Insurance, also known as Second to Die Life Insurance, is a policy written on two people, generally a husband and a wife. When the second person dies the benefits are paid out.
You may want to consider Survivor Insurance if you expect that estate taxes and settlements may cause financial hardship to your family and you want to protect your family estates such as real estate, property, family farms and other hard assets from liquidation.