Universal Life Insurance

Permanent insurance that offers benefits during your lifetime, universal life insurance provides the flexibility, cash value accumulation, and options you may want in a life insurance¹ policy.

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What is Universal Life Insurance?

As your life changes — marriage, parenthood, promotions, retirement — your insurance needs may change as well. To adapt to your ever changing life, and continue to meet your insurance needs, there’s universal life insurance.

Universal life is a variation of permanent life insurance that offers a wide variety of advantages. Like most permanent life insurance policies, Farmers’ Universal Life options offer lifelong coverage,2 as long as all premiums are paid to keep the policy in force. However, universal life insurance also offers a considerable amount of flexibility and benefits to the policyholder, like:

  • Flexible premiums3 and frequency of payments.
  • Adjustable benefits and coverage levels.
  • Potential cash value accumulation over time.


Universal Life Insurance Policies

To help you find the permanent life insurance policy to fit your coverage needs and financial planning strategies, Farmers offers these universal life options:

Farmers EssentialLife® Universal Life4

With flexible premiums and death benefits, Farmers EssentialLife Universal Life lets you decide when and how much to pay toward your insurance policy: you specify the timing of your payments and the amount of coverage you need, which can be increased (with evidence of insurability) or decreased within policy limits.

Farmers Index Universal Life® 5

Farmers Index Universal Life provides a balance of permanent life insurance coverage with the opportunity for cash value growth. The index-linked feature6,7,8 provides the potential for greater cash value accumulation than traditional universal life insurance and the guaranteed floor means less risk than variable universal life insurance.

Contact a Farmers agent to get started.

See footnotes 2, 3, 4, 5, 6, 7, 8 in disclosures. View disclosures.


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