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When Do I Need
Life Insurance?No matter your age, marital status, or number of
dependents, Life insurance can benefit people
at all different stages of life.

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Life Insurance for Your Stage in Life

Regardless of where you are in life, having Life insurance can help you rest assured knowing that you’ve helped to financially protect those you love. If you can’t be there for your loved ones, Life insurance can help replace lost income, pay a mortgage; help fund a child’s education, cover debts, and much more.

Learn how Life insurance can help protect your loved ones at any stage in your life:

  • Single

    Single people often think that they don’t need Life insurance, but chances are you may have people who depend on you, and who’d be impacted financially if you were no longer around (either by support you provide them or by your end-of-life expenses). That’s why it’s a good idea to still have Life insurance as a single person. Plus, buying insurance when you’re young and healthy is typically cheaper, and ensures you’re covered even if your situation changes.

  • Young adults, married

    Life insurance is not only for those with families. Many young couples, even those without children, have people who depend on them, whether it’s taking care of a parent or as the sole provider for their household. Young adults generally have a good chance of qualifying for a lower rate, making life insurance affordable and easily obtained.

  • Married with children

    Parents of young children know that life insurance is generally a necessity. When you’re young and in good health, it’s an especially great time to lock in a low rate. It is important to consider life insurance for both the primary earner and a stay-at-home parent because life insurance could help pay for the wide range of services that a stay-at-home parent provides.

  • Single parent

    Single parents often bear dual burdens – they provide the sole source of income and the responsibility for the care and guidance of the children. Life insurance proceeds can provide financial assistance in the event that a family's sole caretaker passes away.

  • Empty nesters and retirees

    Even if your children are financially independent, Life insurance may still be an important part of your financial strategy. A widow or widower may need to pay off a mortgage and other debts. Life insurance may be part of your estate-planning strategy or designed to help grandchildren accomplish important goals, such as completing a college education.

  • Business owners

    Life insurance is a valuable employee benefit and it can help a business owner attract and retain employees. Business-owned Life insurance on key employees can help make it financially possible for the business to hire and train a replacement in the event of the key employee’s death. And Life insurance proceeds can also help a surviving partner or family members purchase a deceased owner's share of the business.

It's always difficult to lose someone you love. Financial difficulties make it worse. Life insurance proceeds may help to provide financial relief for the people you care most about if you're not there to care for them yourself. Contact your local Farmers agent today.


Life insurance issued by Farmers New World Life Insurance Company, 3003 77th Ave SE, Mercer Island, WA 98040. Products and features may not be available in all states and may vary by state.

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