Life Insurance for Your Business

Life insurance can do more than help your business recover from the death  of a key employee. It can also play a critical role in your compensation plan — helping you recruit, retain and reward your employees.

As small business owners themselves, Farmers® agents understand that you have needs. They can introduce you to  a variety of life insurance options as you make a decision about the coverage you want.

Here are some typical risks — and options that can help you manage them:

To see if Farmers life insurance is available in your area contact your local Farmers agent today.footer note

Some popular business insurance options

Life coverage is just one component in a full menu of business insurance options available from Farmers. Your agent can also discuss coverage for other possible risks like:

Farmers works to build strong customer relationships

Farmers has spent almost 90 years putting customers first. Are you shopping for coverage, or do you have a question about your policy? Maybe you’re ready to get a business life quote. Be sure to let a Farmers agent deliver personalized service and support. You’ll experience a similar level of care from our knowledgeable claims representatives, who will provide assistance as quickly as possible.

To learn more about what Farmers can do for your business, call an agent today.

return note2Policy 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.

return note3Farmers currently offers life insurance in AL; AZ; AR; CA; CO; GA; ID; IL; IN; IA; KS; MD; MI; MN; MO; MT; NE; NV; NJ; NM; ND; OH; OK; OR; PA; SD; TN; TX; UT; VA; WA; WI; WY

This material is for general informational purposes only and is not legal or tax advice. 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. The material may not reflect your particular circumstances.  Neither Farmers Insurance nor any of its agents, employees, or registered representatives is authorized to provide tax or legal advice.  Please consult your tax or legal advisors for advice specific to your situation.  Carefully read the contract prior to purchasing any life insurance or annuities.  This material presents our general understanding of current law, as tax laws and IRS administrative positions may change.  This material is not intended to, and cannot be used to avoid any Internal Revenue Service penalties.