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State Farm life insurance review 2022

18 to 75

Issue Age

$100,000 to $3,000,000


Depends on policy

Medical Exam Required


Policies Term, Whole, Universal
Coverage maximum $3,000,000
Term lengths 10, 20, and 30 years
Medical exam required Depends on policy
Available states Not available in MA, NY or WI
Issue age Not listed


  • Financial stability
  • Top-rated customer service
  • Strong product lineup


  • Strict underwriting
  • No variable universal life insurance
  • High rates if you’re in poor health
Riders No info available

Review by

Sarah George is a staff writer at Finder who unravels complicated topics about insurance, business and finance. She's been wordsmithing for nearly five years, after earning an English education degree. Her insurance know-how has been featured on You can usually find Sarah sipping hot tea and talking through movie plots in her downtime.

Expert review

If your health is excellent and you live an active lifestyle, State Farm life insurance might work well for your needs. The company values its customers and offers top-rated service and high overall satisfaction.

You’ll also get your choice of term, whole or universal policies and many rider options to fit your lifestyle and needs.

However, if you have pre-existing conditions like high blood pressure or moderately high cholesterol, compare your options to make sure you’ve found the best fit.

This article was reviewed by Andrew Flueckiger, a member of the Finder Editorial Review Board and certified insurance counselor and licensed insurance agent in five states.

Best of 2021
Finder experts pick State Farm as a 2021 best brand for life insurance.

State Farm life insurance rates

We pulled 2021 sample rates for State Farm for a $500,000, 20-year term life insurance policy for a healthy man and woman. Rates with State Farm are slightly above average for a policy of this size and term length.


Factors that affect State Farm life insurance rates

Life insurers factor your age, gender, health and habits in your rate. You must meet strict criteria to qualify for State Farm’s Preferred Plus rate class:

  • Blood pressure under 115/70
  • Cholesterol under 175
  • No moving violations within two years, no DWI/DUI ever
  • No family history of cancer or heart disease
  • Regularly do routine, vigorous exercise

How to get a quote from State Farm life insurance

Reach State Farm by phone at 800-782-8332. Otherwise, get a quote for life insurance online by following these steps:

  1. From the State Farm homepage, select Life Insurance, enter your state and then choose Go.
  2. Enter personal and health info and select your desired coverage amount. Then hit Get Quote.
  3. Select your term length and coverage amount, then add any riders or coverage for another person.
  4. Choose Continue to apply online, or send your quote and policy to an agent to finish applying.
  5. Review your information and hit Apply Online if you’re ready to finalize your policy.
  6. After you’re approved, register your account online to see your policy, make changes and set up autopay.

State Farm offers term and permanent life insurance

State Farm offers the standard term, whole or universal life insurance, but with different features to choose from like no medical exam term life. Its options include:

  • Term life insurance. State Farm’s term life insurance offers coverage starting at $50,000 for 10 to 30 years, and you can opt for a standard or specialized policy like return of premium or mortgage life insurance.
  • Whole life insurance. State Farm’s whole life insurance offers lifetime protection with level monthly payments, while building tax-deferred cash value. The insurer also offers various payment plans, so you can get lifetime coverage while only paying once or over 10, 15 or 20 years.
  • Universal life insurance. With this policy, you’ll get lifelong coverage and a choice of investment options to build your policy’s cash value. You can also opt into a joint universal policy that either pays out when the first or second person dies.

Compare State Farm disability insurance

Does State Farm offer burial insurance?

Yes. State Farm’s final expense policy is open to seniors aged 50 to 80, or 50 to 75 in New York. It’s limited to a $10,000 death benefit, much less than the typical $25,000 for this policy.

As a whole life insurance policy, it accumulates cash value with the potential to earn dividends based on State Farm’s profits. You can choose to pay your premiums monthly or annually.

State Farm life insurance riders

While State Farm’s life insurance policies are comprehensive, a suite of add-ons let you tailor your policy and add even more protection:

  • Accelerated death benefit. Pays some benefits if you’re diagnosed with a terminal illness.
  • Accidental death benefit. Provides an extra payment if you die from an accident.
  • Critical illness benefit. Get a portion of your death benefit every month if you become chronically ill.
  • Child. Provides coverage for your child, instead of buying a separate policy.
  • Disability income benefit. Provides a monthly stipend to cover living expenses if you become disabled and can’t work.
  • Estate protection. Offsets estate taxes if your life insurance policy is included in your estate.
  • Guaranteed insurability. Lets you buy more insurance at specific times without taking a medical exam.
  • Long-term care benefit. Pays some of the death benefit for long-term care costs.
  • Level term. Keeps your benefit amount the same during your policy’s term.
  • Spouse. Provides coverage for your spouse, instead of purchasing a separate policy.
  • Waiver of premium. Waives your premiums if you suffer a disability, chronic illness or injury.

State Farm life insurance reviews are mixed

Despite being in business for nearly a century, State Farm isn’t accredited with the Better Business Bureau (BBB). Though the BBB and Trustpilot give this company a low star rating amid a high number of complaints. However, most reviews are centered around its home and car insurance products. Over at JD Power, State Farm ranks top of the list for customer satisfaction.

AM Best financial rating A++
BBB accredited No
BBB rating Not Rated
1.3/5 out of 235 customer reviews
Trustpilot score 1.8/5 out of 75 customer reviews
JD Power score 838
Customer reviews verified as of 30 June 2021

How State Farm life insurance compares to other companies

State Farm starts with a solid list of policies, but it adds helpful features like paying off your whole life policy after 20 years or insure two people under universal life.

While many customers complain about State Farm’s car insurance on the BBB, the insurer receives few complaints about its life insurance policies and consistently gets high J.D. Power life insurance rankings. Expect a stellar experience when buying State Farm life insurance.

However, State Farm keeps high standards for its best rating classes, such as keeping your blood pressure much lower than other companies require.

Also, State Farm’s policies cost above average with a $500,000, 20-year term policy costing $32 a month for a healthy, 30-year-old man. The same policy averages $25 a month with other companies.

Compare major life insurance companies like State Farm

Though State Farm offers low rates for healthy people, you may find more policy options with less strict underwriting from other insurers.

Name Product Issue age Minimum Coverage Maximum Coverage Term Lengths Medical Exam Required
Everyday Life
18 - 70
10, 15, 20, 25, 30, 35 and 40 years.
Ladder multiple life insurance policies to save on the coverage you need for all your debts.
18 - 60 years old
10, 15, 20, 25, 30 years
Apply for term life insurance in minutes and get an instant decision all online. Plus, you’ll get to skip the medical exam.
20 - 60 years old
10, 15, 20, 25 or 30 years
No, for coverage up to $3M
Apply for term life insurance online without the medical exam. Get an instant decision and adjust your coverage at no charge.
18 - 65 years old
2 - 35 years
Not available in: AL, CA, CO, CT, FL, KY, ME, MS, NH, NJ, NY, ND, RI, SC, SD, VT, VI, WA
Nationwide life insurance
18 - 80 years old
10, 15, 20 and 30 years
Get term, whole, universal or no-exam life insurance with up to $1 million in coverage.

Compare up to 4 providers

Life insurance ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

Our experts analyze life insurance companies to help you to find the strongest possible policy and premium for your family’s needs. We assess their financial strength, customer satisfaction, policy features and riders. We then give each insurer a score between one and five stars that reflects their offering and reputation in the industry. State Farm gets four out of five stars for a long list of policy customization options and great customer satisfaction scores.

Learn more about our methodology here.

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