Protection for your whole life

Whole Life Insurance

Protection for your whole life.

What's right for me?

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Single Premium Whole Life Insurance

  • One premium for guaranteed paid-up life insurance
  • Income tax free death proceeds for heirs*
  • Tax-deferred cash value accumulation
  • Multiple living benefit options
  • Flexibility to access your money when you need it most


Learn more from your local agent

Paid-Up Additions Rider

  • Enhanced cash value and death benefit
  • Flexible premium option(s)
  • Multiple income distribution options
  • Terminal illness protection
  • Guaranteed no lapse provision 


Learn more from an agent

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How can I use Whole life insurance?

How can I use Whole life insurance?


Permanent Protection

Regardless of what stage of life you're in, whole life insurance provides you with peace of mind.  It's guaranteed to be there when you need it most.


Chronic Illness Protection

Your whole life policy can be designed so you can use your policy benefits for qualifying chronic illness conditions.

Living Benefits

  • Adding chronic illness coverage allows you to accelerate up to 90 percent of the death benefit income tax free.*
  • Whole life insurance provides tax-deferred cash value growth that you can use to supplement your income.
  • If you determine there is no longer a need for as much life insurance protection, you can select a reduced paid up insurance policy. This guarantees that no further premium will ever be required.
Living benefits
Income Protection

Income Protection

  • In the event you pass away, your loved ones will receive the life insurance proceeds income tax free.**
  • A terminal illness allows you to request virtually all of the death benefit while you are living if diagnosed with a life expectancy of 12 months or less. The accelerated death benefit is received income tax free.**
  • Whole life insurance is permanent coverage designed to last for as long as you live.

* Indiana Farm Bureau Insurance does not provide legal or tax advice.

** Based on current tax laws

Insurance can be confusing.
Our agents make it as easy as 1, 2, 3.

Help you understand what you have


Whether you currently have life insurance or not, an expert agent will have a quick conversation with you and answer your questions.


Discuss your personal goals


During this conversation, the agent will work with you to determine your goals, whether it be to replace personal income, pay off debt, or provide college education. 


Create and adjust your plan to the stages of your life


Once you identify your goals, the agent will create a life insurance program that meets your unique needs.
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