Simple Term

Simple Term life insurance is designed with you in mind. You realize it's important to prepare for the future, but you want a quick and convenient way to do so. Usually in only minutes after answering a few questions - generally without a medical exam and with minimal paperwork - you can have the affordable protection you're looking for1. It's that simple ― it's all electronic!

Key Advantages of Simple Term:
  • Customized Coverage ― Depending upon your financial needs, you can purchase coverage between $25,000 - $75,000.
  • Budget Friendly ― Affordable premiums are paid via electronic funds transfer (EFT) from your monthly budget.
  • Guaranteed Premiums ― Your monthly premium will remain the same throughout the coverage period you select.
  • Coverage Periods ― If you're age 18-50, you can select coverage for 10, 15 or 20 years. If you're age 51-55, coverage may be for 10 or 15 years. At the end of the time period you select, all coverage and premium payments will no longer exist. You can choose to reapply for coverage, at which time your premiums may be higher due to your increased age and current health condition.
  • Tax-Free Benefits ― Proceeds from your policy, usually received income tax-free, can help cover family or business financial obligations.
  • Extending Protection ― If you find your financial needs or goals have changed and you need protection for a longer period of time, even for life, you have the option of converting your term coverage to a single permanent life policy from Farm Bureau up to age 70.
  • As your insurance needs and financial goals change throughout the different stages of your life, your Farm Bureau agent is there for you.

1Your signature, as the owner of the policy, will provide permission for the Company to order a MIB report, Motor Vehicle Records (MVR) and Prescription Drug (Rx) database reports.

Find an Agent
Contact an agent near you to discuss your insurance and investment needs.

Providing a Financial Future
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Securities & services offered through EquiTrust Marketing Services, LLC+, 5400 University Ave., West Des Moines, IA 50266, 877/860-2904, Member SIPC.

Property-casualty insurance products are offered through Farm Bureau Property & Casualty Insurance Company+* and Western Agricultural Insurance Company+*/West Des Moines, IA and are intended for residents of AZ, IA, KS, MN, NE, NM, SD and UT.

Fixed life insurance and annuity products are offered through Farm Bureau Life Insurance Company+*/West Des Moines, IA and are intended for residents of AZ, CO, IA, ID, KS, MN, MT, ND, NE, NM, OK, SD, UT, WI and WY.

Variable life insurance and annuity products are underwritten by an insurance company that is not affiliated with our companies.

+Affiliates *Company providers of Farm Bureau Financial Services

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