What is Farmers EssentialLife® Universal Life?

Flexible and permanent life insurance1 coverage for you and your loved ones, with cash value benefits you can use in your lifetime. 2

Farmers EssentialLife Universal Life3 is designed to help you meet your current and future life insurance needs, and help provide financial security for you and your family. It also offers generally income tax-deferredcash accumulation that earns a competitive interest rate to help you reach your financial goals. Universal life insurance helps protect the financial future of your family and offers strategies for leaving behind a legacy for your loved ones.


  • Flexibility in the policy’s face amount, as well as the amount and frequency of premium payments5 to adjust to your changing needs.
  • The cash value of your policy earns interest, and this growth is generally income tax-deferred – the cash value can be accessed almost anytime.
  • An array of optional riders and benefits are available at an additional charge to help you design coverage specific to your needs.


As your life changes – marriage, parenthood, job promotions, retirement – keep in mind that your life insurance needs may change as well. Learn more about Farmers EssentialLife Universal Life insurance from Farmers New World Life Insurance Company, from your local Farmers agent.

2 Policy loans and withdrawals will reduce cash surrender value and death benefit. Policy loans are subject to interest charges. If your policy is a modified endowment contract, loans and withdrawals may be subject to taxes and penalties.

3 Policy Form 2006-044.

4 For informational purposes only. In general, partial withdrawals from a permanent life insurance policy in excess of the policy’s basis are taxable, and limited circumstances exist where death proceeds will be taxable. Neither Farmers New World Life Insurance Company, its employees nor its Agents provide legal or tax advice. Always consult your own attorney, accountant or tax adviser as to the legal, financial or tax consequences and advice on any particular transaction.

5 This policy may lapse if premiums are not paid or if future premiums are not sufficient to continue coverage.

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