Term life insurance provides the most life insurance protection for the least cost since you purchase it to cover a set period of time. It helps to cover needs during those years when you are buying a home, raising a family, sending children to college or building a business.
If you think you can’t afford life insurance, imagine how your family would make ends meet without your income.
Farm Bureau offers four types of term life insurance:
Choice Term life insurance provides customized and affordable protection for a specific period of time ― perhaps while paying a mortgage, raising a family, sending children to college or expanding a business ... and pays proceeds if the insured's death occurs during that time period.
Simple Term life insurance provides the financial protection you're looking for in a simple and convenient way that fits your busy lifestyle ― plus, there's minimal paperwork and generally no medical exams.
Return of Premium (ROP) Term:
With Return of Premium Term life insurance, you can provide the financial protection your loved ones may need upon your death ... or get a full return of your base premiums if you live to the end of the coverage period you select.
First Step Children's Term:
You can protect the young people in your life with First Step Children’s Term life insurance. A single, affordable premium will offer protection until the policy anniversary following the insured child’s 25th birthday.