|
|
[an error occurred while processing this directive]
State Farm Life Insurance
|
By Insure.com
Last updated July 17, 2009 |
|
About State Farm
Since 1922, State Farm Insurance Company has been providing quotes,
rates, and a high claims paying ability to their customers. Originally
a mutual car insurance agency owned by its policyholders, the “Good
Neighbor” insurance company has grown substantially; they currently
serve about 77 million policies through 17,700 agents and insure
roughly 40 million vehicles.
Wiki Says
State Farm has remained one of the largest automobile
insurers in the United States since 1942.
The group's parent company is State Farm Mutual Automobile Insurance
Company, a mutual insurance firm that also owns the other State Farm
companies. State Farm's corporate headquarters is located in
Bloomington, Illinois.
State Farm is ranked 32nd. in the 2008 Fortune 500, which lists American
companies by revenue. According to the Fortune Global 500, State Farm
is also the world's largest mutual "P&C" (property & casualty
insurance) firm.
State Farm Life Insurance
Says
State Farm life insurance options include term, whole and universal
life. Term life insurance provides death protection for a
contracted amount of time. This type of policy was
designed to be a temporary form of protection for those on a limited
budget. State Farms term life coverage is available in 5, 10, 20
and 30 year periods and is able to be renewed or continued at a higher
premium once the term expires. Death benefits will be paid to
the beneficiary if the policyholder dies within the set term.
Whole life insurance provides permanent protection. As long as
the premium payments are made on a timely basis, the death benefits
will be paid to the beneficiary when the policyholder dies.
This policy has set premiums and guaranteed cash value
accumulation.
Universal life insurance, like whole life, provides protection for the
policyholder's entire life. With greater flexibility, universal
life policies allow changes in premium amounts as well as
adjustable benefits. This is intended to best fit the changing
needs of the policyholder.
Contact State Farm at:
State Farm Insurance
One State Farm Plaza
Bloomington, IL 61710
Phone: (309) 766-2311
Sources: "State Farm
Insurance," Wikipedia, June 25, 2009; "Home, Health, Life, & More,"
State Farm website, 2009. |
|
|
|
|
|
|
|
|
|
