Farmers Term Life Insurance Policies

• Farmers Level Term 2000
• Farmers Simple Term Life Insurance
• Farmers Decreasing Term Life Insurance

Farmers Term Life insurance could be the right choice when you're looking for temporary coverage to fit your current family or business needs. These policies generally provide the most coverage for your insurance dollar. What's more, several of the policies are renewable or convertible to permanent coverage that lock in your premium cost over the life of the policy.

Farmers Level Term 2000¹

Features:²
Three level term to age 90 products, all having different premium structures:

• 30-year product with level premiums guaranteed for 30 years.
• 20-year product with level premiums guaranteed for 20 years.
• 10-year product with level premiums guaranteed for 10 years.

In each case, after the level premium period, the projected premiums and the guaranteed maximum premiums increase annually.

Critical Illness Accelerated Benefit rider³
Critical Illness pays you a lump-sum benefit upon your first diagnosis of a covered condition, as defined in the policy contract, after the waiting period. You may spend the benefit as you choose, to meet your individual needs.

Disability Income Rider ⁴
The Disability Income Rider will pay a predetermined monthly benefit (for up to 24 months) to the policy owner, when the insured is disabled, as defined in the rider, for more than 90 days*.

* Subject to contractual exclusions and limitations

Accelerated Benefit - Terminal Illness Rider⁵
This rider pays a part of the policy's Death Benefit while you are still living if a physician diagnoses you with a terminal illness, as defined in the policy contract. The maximum benefit available is $300,000 or 50% of the policy's Death Benefit. You may spend the benefit as you choose, to meet your individual needs.

Other Riders Available:
Waiver of Premium⁶, Accidental Death Benefit⁷, Children's Term Insurance Rider⁸

Auto/Life and Home/Life Discounts:⁹
In addition to providing inexpensive coverage for your temporary Life insurance needs, Farmers Term Life insurance policies may qualify you for discounts on your Farmers Auto and Farmers Homeowners insurance.

Re-entry:
At the end of the first policy term, you may re-enter for another level premium period at favorable rates if you meet medical qualifications in effect at the time you request re-entry. Re-entry provisions vary by policy term.

Conversion:
You may convert all or part of your Term policy to a permanent policy any time prior to 20 policy years or age 65, whichever is earlier. You may convert your policy to any permanent policy made available for conversion at the time of the request, subject to minimum and maximum face amounts.

Ages Available: 30-Year:
18-45 Nicotine Class 21-50 Non-nicotine Classes 20-Year: 18-60 Nicotine Class 21-60 Non-nicotine Classes 10-Year: 18-65 Nicotine Class 21-65 Non-nicotine Classes

Application Minimum: $150,000

¹Policy forms 2000-228, 2000-230, and 2002-226 series
²Products and features may not be available in all states and may vary by state.
³ Policy forms 2004-CI-ABR (1-05) series, 2004-CI-ABR (30)(1-05), 2004-CI-ABR (60)(1-05), 2004-CI-ABR (1-06) UT, and 2004-CI-ABR (3-06) SD
⁴Policy form 2011-Term DIR
⁵2004-127 ABR-TI series
⁶Policy form 2000-97B WP and 2004-97 WP CI
⁷Policy form 1997-100 ADB (LT)
⁸Policy form 1987-107 CTIR series
⁹Discounts apply to selected property and casualty coverages, perils, and policy types only and may vary by state and eligibility.

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Farmers Simple Term Life Insurance¹

Features²:
Farmers Simple Term Life insurance coverage does not require a medical examination, which simplifies the Life insurance application and accelerates the underwriting process. Simple Term offers level term insurance with face amounts low enough to fit most budgets and guaranteed premiums that are level for 10, 20 or 30 years.

Farmers Customer Discounts:³
Farmers Auto and Homeowner (including renters) customers could save up to 6% on their Simple Term Life insurance premium rates, whether they have existing Auto or Homeowner coverage or if they are applying for this coverage simultaneously. In addition, Farmers customers can save on their Auto, Homeowners, and Life insurance premiums!

Riders And Benefits:²

Accelerated Benefit - Terminal Illness Rider⁴
This rider pays a part of the policy's Death Benefit while you are still living if a physician diagnoses you with a terminal illness, as defined in the policy contract. The maximum benefit available is $150,000 or 50% of the policy's Death Benefit. You may spend the benefit as you choose, to meet your individual needs.

Other Riders Available:
Waiver of Premium⁵, Accidental Death Benefit⁶

Conversion Provisions:
A Simple Term policy can be converted at any time prior to the earlier of 20 years or the anniversary on or following the insured's 65th birthday to the Farmers EssentialLife^® Simple Whole Life (FESWL)⁷, (or if issue age is 65, during first year after issue). Subject to product minimum and maximum face amount limitations.

A partial conversion of coverage is allowed. The remaining term portion can either be canceled or remain in force, subject to standard rules applicable to the policy and the minimum face amount requirements. The policy is not eligible for conversion if premiums are currently being waived.

Re-Entry Provisions:
Re-entry with evidence of insurability is allowed immediately after the initial level term period, but not sooner (subject to issue age maximums).

Ages Available: 10-Year:
18-65 Nicotine Class 21-65 Non-nicotine Classes 20-Year: 18-60 Nicotine Class 21-60 Non-nicotine Classes 30-Year: 18-45 Nicotine Class 21-45 Non-nicotine Classes  

Application Minimum: $50,000

Maximum face amount: $150,000

¹Policy form 2005-261-271 series
² Products and features may not be available in all states and may vary by state.
³Discounts apply to selected property and casualty coverages, perils, and policy types only and may vary by state and eligibility. Customers in the Farmers Customer Rate Class may receive a savings up to 6% on their Farmers Simple Term Life policies. Contact your Farmers agent for more details.
⁴ Policy form 2004-127 ABR-TI series
⁵Policy form 2000-97B WP and 2002-97B WP series
⁶ Policy form 1997-100 ADB LT series
⁷ Policy form 2008-352

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Farmers Decreasing Term Life Insurance¹

Features:²
Farmers Decreasing Term Life insurance has decreasing term coverage with premiums guaranteed to remain level as long as the policy is in force, which can help you provide protection for your family in your absence to pay for a variety of expenses such as a home mortgage or other similar types of costs. The death benefit decreases monthly, which, for example, could follow the declining loan balance of a traditional fixed home mortgage. Once the death benefit decreases to a level equal to 20 percent of the initial face amount, it remains level until expiration.

Riders²
The First-To-Die Plus Rider³ allows two people to be insured at a reduced rate. The rider does not have to be the joint mortgagee or spouse. Both the basic insured and First-To-Die Plus Rider's remaining death benefit is convertible to a permanent policy during the first 10 policy years and before age 65. The First-To-Die Plus Rider may be separated to its own policy upon the policy owner's request any time while the basic policy is in force or within 60 days of the death of the basic insured. A policy fee will apply to the separated policy. Also Available: Waiver of Premium⁴, Accidental Death Benefit⁵, Children's Term Insurance Rider⁶.

Auto/Life and Home/Life Discounts:
In addition to providing inexpensive coverage for your temporary Life insurance needs, Farmers Term Life insurance policies may qualify you for discounts on your Farmers Auto and Farmers Homeowners insurance⁷.

Ages Available:
Nicotine: 18-65 (15 Yr.) 18-60 (20 Yr.) 18-55 (25 Yr.) 18-50 (30 Yr.) Non-nicotine: 21-65 (15 Yr.) 21-60 (20 Yr.) 21-55 (25 Yr.) 21-50 (30 Yr.)

Application Minimum:
Base policy and Farmers First-to-Die Plus Rider $25,000 ($50,000 in California and Texas).

¹Policy form 1995-255-258 series
²Products and features may not be available in all states and may vary by state.
³Policy form 1995-255-258 JT DT Rider series
⁴Policy form 1995-97 WP (DT) series and 1995-97 WP (JT DT) series
⁵Policy form 1995-100 ADB (DT) series and 1995-100 ADB (JT DT) series
⁶Policy form 1987-107 CTIR series
⁷Discounts apply to selected property and casualty coverages, perils, and policy types only and may vary by state and eligibility.