- Flexible Life Coverage Options
- Annuities and Retirement Programs
- An Abundance of Offices Nationwide
- Nearly 100 Years Industry Experience
- 5, 10, 20, and 30 Year Terms Available
State Farm Life Insurance Review
You would be hard pressed to find someone over the age of 10 in the country that isn’t aware of State Farm’s presence, or at least has heard their name. State Farm has a huge network of offices spread out all across the nation, and they’ve been in the insurance game since 1922. They have remained relevant by producing a host of life insurance policies, agreeable premiums, and an air of approachability.
Policy Benefits and Flexibility
State Farm’s bread and butter is the whole life and universal life insurance policies that are offered to their customers. These policies display State Farm’s ability to give their clientele the kind of flexibility that is needed in order to mold a policy in a way that perfectly meets whatever station in life they may be in. They are extremely flexible in the coverage periods that are offered. The company’s annuities give customers another terrific option to manage retirement funds and build an income for loved ones that do not have much tax burden.
Although the premiums are set by the usual suspects – health, age, and lifestyle – the cost of State Farm’s premiums are considered to be some of the most affordable in the business. As previously mentioned, these policies are split into two groups. The whole life policy freezes premiums for the life of the account. While this rate may appear high in the beginning in the policy, it may be considered quite affordable at the end of the policy. The universal life policy offers a flexible premium.
State Farm is well equipped to handle insurance business the old fashioned way, as their vast labyrinth of offices spread throughout the country gives customers plenty of opportunities to drop by and chat face to face. For a more modern approach, customers can easily seek out help via telephone or e-mail. Regardless of approach, customers will find that the company’s representatives are all knowledgeable, professional, and quick to respond.
Final Review of State Farm Life Insurance
State Farm has been around for nearly a century because of their no-nonsense approach to handling insurance. By being approachable in terms of policy flexibility and service options, it’s not hard to envision that they’ll be providing insurance-related excellence for another century. Thank you for reading our State Farm review.