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 Company® 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
|•20 Pay Life
•30 Pay Life
•Single Premium Whole Life
Calculate How Much Life Insurance You May Need
Completing the information can help provide an estimate of the amount of life insurance that may be needed. The form on the following link is just an estimate of the amount of insurance you need and is not a contract or an offer of life insurance.