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Farmers Mortgage Life Insurance
Obviously, for your family, no amount of money could possibly replace you. However, consider the financial implications if something were to happen to you. Our mortgage life insurance is Life insurance designed to help assure that, in the event of your death, your family can remain in the house they love.
Farmers New World Life Insurance Company offers two basic types of Mortgage Life Insurance:
- Farmers Level Term 2000* provides Life insurance coverage that remains level. Depending on your need, we may guarantee the premium to remain the same for as long as you need the coverage. What’s more, this policy is very affordable.
- Farmers Decreasing Term Life Insurance * is a low cost, traditional decreasing term Life insurance plan to help cover your Life. Farmers offers several time periods to accommodate your specific needs.
*A Deposit Fund is an optional side fund that can be added to either of these policies to build additional cash for the future. Payments into the fund can be made at any time. These payments, or even withdrawals from the fund, will not affect the basic policy's death benefit. Interest is earned at a competitive rate, and is compounded annually. The interest rate that this fund earns will never be less than the stated guaranteed minimum.
Please contact your Farmers agent for more information about our term Life insurance policies.
*Farmers Level Term 2000 (policy form numbers 2000-227; 2000-228; 2000-229; 2000-230; 2002-226 series) and Farmers Decreasing Term Life Insurance (policy form number 1995-255-258 series) are issued by Farmers New World Life Insurance Company: 3003 77th Ave., S.E., Mercer Island, WA 98040-2890. Products and features are not available in all states and may vary by state.
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