What Life Insurance Policy is Right For You?
Below is a chart that outlines the basic differences between Term and Whole Life Insurance policies. This guide can help you determine what plan is right for you and your family, but the best way is to contact a Colorado Farm Bureau Insurance agent. Click here to find an agent close to you.
|Term Life||Whole Life|
Access to cash value
|Purpose||Short-term coverage needs||Long-term coverage needs|
|Premiums||Can increase periodically OR
be guaranteed level for the
duration of the policy
|Guaranteed Cash Value||No||Yes|
|Available Policies||•10 Year Term Premier
•20 Year Term Premier
•30 Year Term Premier
•10 Year Participating Term
•20 Year Participating Term
|•15 Pay Juvenile Life
•20 Pay Life
•30 Pay Life
•Modified Premium Whole Life
•Single Premium Whole Life
Calculate How Much Life Insurance You May Need
Completing the information below can help provide an estimate of the amount of life insurance that may be needed. The form below is just an estimate of the amount of insurance you need and is not a contract or an offer of life insurance.
Now that you have a better idea of what kind of life insurance you may need, contact a local Colorado Farm Bureau Insurance agent to discuss a policy.