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Farmers Mortgage Life Insurance

Obviously, for you and 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 assure that, in the event of your death, your family can remain in the house they love.

Farmers Insurance 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 plan is very affordable.

Farmers Decreasing Term Life Insurance * a low cost, traditional decreasing term life insurance plan to cover your mortgage. Farmers offers several types to accommodate your specific needs.

A Deposit Fund** is an optional side fund that can be added to either of these plans to build an additional cash reserve 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.

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