Universal Insurance

Lifetime security for you and your family
To develop a truly effective retirement program, you probably need a Life insurance policy that can be adjusted to your specific needs. That policy should also have the ability to change as your financial situation changes. Farmers Flexible Universal Life policies can do all of this and more. They feature fully flexible premium-payment options, flexible death benefits, the ready ability to change the type and size of coverage and an outstanding cash-accumulation program.

Universal Life insurance policies are designed to meet a variety of your current and future Life insurance and cash accumulation needs, from mortgage protection to retirement.

Here’s what a Universal Life insurance policy
can do for you:
• Supplement your income for you or your spouse at retirement
• Supplement your IRA or pension program
• Pay estate taxes
• Guaranteed death benefit
• Income tax-deferred cash accumulation

Flexible premiums
• Unlike many insurance programs, with Farmers Flexible Universal Life policies, you decide when — and how much — to pay toward your insurance program, within broad limits.
• Coverage continues as long as the policy has sufficient cash accumulation to pay the cost of insurance (plus the administration fee).
• First premium payment will start your policy and establish its accumulation account.
• The accumulation account (minus initial expense charge) immediately begins earning a competitive current interest rate. While the current rate is not guaranteed, the account is guaranteed to earn a minimum interest rate.
• After your accumulation account is set up, the cost of the insurance and administration fee is deducted from the account each month — automatically
.