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State Farm Whole Life. Policies can be paid with a single premium payment, premiums to 100 (years old) plan, or level payments for 10, 15, or 20 years with the limited pay plans. Recently, i happened to talk to a state farm agent and he was explaining to me that a 10 pay life policy would have been a better option.
from venturebeat.com
(if applicable in your state.)3. State farm offers these whole life insurance options: As is normal with whole life policies, insurance premiums are fixed for life, and coverage is guaranteed to never lapse as long as premiums are paid, with coverage levels starting at $50,000.
Recently, i happened to talk to a state farm agent and he was explaining to me that a 10 pay life policy would have been a better option. Policies can be paid with a single premium, premiums payable to 100, or premiums payable up to a limited number of years. Whole life is also good for your children. State farm offers these whole life insurance options:
