LIVE
30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·
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Life insurance review

State Farm Life Insurance Review (2026)

State Farm earned 4.4 / 5 in our 2026 review. Best for: agent-guided coverage, bundling with home and auto. Full breakdown below.

By the Fintiex Insurance Desk · Updated 2026-05-02
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Key stats
Coverage range
$100,000 to $10,000,000
AM Best
A++
No-exam available
No
Issue ages
18 to 80
Policy types
3 offered
Term lengths
10 to 30 years
Underwriting
1 to 4 weeks
Fintiex rating
4.4 / 5
Pros
  • +Extensive local agent network for personalized guidance
  • +Strong financial strength with A++ AM Best rating
  • +Bundle discount when combined with State Farm auto or home
  • +Whole life builds guaranteed cash value
  • +Return of premium term option available
  • +Consistent top JD Power customer satisfaction scores
Cons
  • -No online-only quotes for all policy types; agent involvement often required
  • -No no-medical-exam underwriting option
  • -Premiums slightly above average for some age groups

Policy types offered

Term lifeWhole lifeUniversal life

Term lengths available: 10, 20, 30 years.

Riders available

  • ·Accelerated death benefit
  • ·Child term rider
  • ·Disability waiver of premium
  • ·Accidental death benefit
Best for

State Farm is the right pick if you prioritize agent-guided coverage, bundling with home and auto. The provider earns top marks for financial strength. If you do not match this profile, compare against the other top picks on our life insurance hub.

Overview

State Farm writes life insurance policies for applicants between ages 18 and 80, with coverage from $100,000 to $10,000,000. Financial strength is rated A++ by AM Best, which is the most important rating for any life insurer. A life insurance policy is a promise that may not be cashed in for 30 to 50 years, so the strength of the company writing the contract matters a lot.

Underwriting speed is rated as 1 to 4 weeks. State Farm requires a full medical exam for all policies. The trade-off is that fully underwritten applicants typically get lower rates and access to higher coverage amounts.

State Farm offers 3 policy types: term, whole, universal. This range of options makes the provider suitable for a wide set of needs, from simple income replacement (term) to estate planning and cash value strategies (whole, universal).

How to apply with State Farm

Applying with State Farm takes 15 to 30 minutes online if you have your basic info ready: date of birth, height, weight, lifestyle questions (tobacco use, alcohol consumption), and basic medical history. Fully underwritten policies may require a paramedical exam at your home or office, paid for by the carrier.

  • Get an online quote based on age, health class, and coverage amount
  • Complete the application (health questions, beneficiary, payment info)
  • Submit for underwriting (instant decision or full review)
  • Take a paramedical exam if required (typically free, 30 minutes at home)
  • Review and sign the offer once approved
Start a State Farm quote

Frequently asked questions

Is State Farm a good life insurance company?
State Farm earned 4.4 out of 5 in our 2026 review. It carries an AM Best financial strength rating of A++. Best for: agent-guided coverage, bundling with home and auto.
Does State Farm offer no-medical-exam life insurance?
No. State Farm requires a full medical exam for all life insurance policies. The trade-off is access to lower rates and higher coverage limits for healthy applicants.
What policy types does State Farm offer?
State Farm offers the following policy types: term, whole, universal. Term lengths available are 10, 20, 30 years.
What is the coverage range for State Farm?
Coverage ranges from $100,000 to $10,000,000. Eligibility for high coverage amounts depends on age, income, and health history.
How fast is State Farm underwriting?
State Farm underwriting speed is rated as: 1 to 4 weeks. Fully digital carriers like Haven Life and Ladder offer instant decisions for qualifying applicants. Traditional carriers like Northwestern Mutual and Prudential can take 2 to 6 weeks for full underwriting.
What riders does State Farm offer?
State Farm offers these optional riders: Accelerated death benefit, Child term rider, Disability waiver of premium, Accidental death benefit. Common riders like accelerated death benefit are often included at no extra cost; others (waiver of premium, long-term care) cost extra but can add real value.

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Initial quote in minutes. Full underwriting takes 2 to 6 weeks.

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