Helpful information for Oklahomans from wheat fields to city streets.
No person’s life is the exact same as someone else’s, so why should your life insurance be? You can and should have a life insurance policy tailored to your unique needs. To celebrate National Insurance Awareness Day this year, we are sharing information about the different types of life insurance policies and which policy may fit your lifestyle best.
Life insurance can serve as a safety net for you and your loved ones. It may bring you peace of mind knowing your family’s financial future is protected if anything were to happen to you. A life insurance policy could help your family continue to pay for things, like the mortgage. We offer three categories of life insurance policies: term life insurance, whole life insurance and universal life insurance.
One of the most affordable life insurance options, term life policies protect your family or business for a set amount of time or for a set “term.” Coverage ends when the term ends or until you choose to convert to a different life policy. These are recommended for those just starting out, whether raising a family or building a business. You can read more on the different types of term life insurance policies we offer here.
This coverage, named for its length of protection, provides permanent coverage for your entire life. This policy will give your family protection upon your death and access to the accumulated cash value while you’re alive. Our Whole Life product can give you and your family lifetime protection.
Life can take some unexpected turns, so having flexibility is invaluable. Universal policies allow this flexibility when things may not go as planned. It is a form of whole life insurance that provides lifetime coverage, while also allowing you to adjust things in your policy along the way, like premium payments and death benefits. Our Universal Policy is a great way to make sure you can adjust your life insurance policy when life throws you a curveball.
Our life insurance calculator can help you understand the amount of coverage that is right for you! Learn more about the right life insurance coverage for your unique needs by contacting an OKFB Insurance agent near you.
The information on this website is not a contract, as it is provided for general information to explain potential types of insurance coverages. Further, descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. Please read actual policy documents for important details on coverages, exclusions, limits, conditions, and terms. If there is any conflict between the summary and/or information on this website versus the policy documents, the policy documents shall control. Please contact an Oklahoma Farm Bureau Mutual Insurance Company (OFBMIC) Agent to learn more about insurance coverages offered by and through OFBMIC.
Life insurance and annuity products are offered through Farm Bureau Life Insurance Company/West Des Moines, IA and are intended for residents of AZ, IA, ID, KS, MN, MT, ND, NE, NM, OK, SD, UT, WI and WY.