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Life Insurance

Protecting what matters and giving you peace of mind.

Provide your family with financial security and help protect them from the unexpected.

It's not a matter of IF you need life insurance, it's WHEN you need it.

Your local AFR Insurance agent can help you evaluate your needs and get the coverage that's right for you. We offer a variety of Term, Whole Life, and Annuity products designed to provide coverage at all stages in life.


Whole Life Insurance

A form of permanent life insurance that offers guaranteed death benefits and payments that stay the same.

Endowment / Whole Life

Our non-participating policy that matures (or endows) at age 100. The scheduled premiums remain level and the death benefit is guaranteed as long as the scheduled premiums are paid.

The plan is available with four premium-paying options. You may pay a one-time premium (single premium), pay premiums for a period of 20 years (20 Pay), pay premiums until they reach age 65 (paid up at 65) or pay for their lifetime (to age 100). The plan provides cash values that are guaranteed.

Graded Death Benefit Whole Life

This non-participating Whole Life policy is available in small face amounts ranging from $2,500 to $10,000. The scheduled premiums remain level and are payable for the insured's lifetime.

The plan is designed to cover burial and/or final expenses for individuals who would not otherwise qualify for coverage.

The death benefit is limited during the first three years. If death occurs in the first year, 25% of the death benefit is payable; 50% of the death benefit is payable in the second year; 75% of the death benefit is payable in the third year; and 100% of the death benefit is payable beginning in the fourth policy year, unless your death is the result of an accident.

The plan provides cash values that are guaranteed. No optional riders are available.


Term Life Insurance

Offers life insurance for a specific number of years. Often the most affordable type of life insurance.

Level Term

Our 5, 10, 15, and 20 Year Level Term plans offer a guaranteed level premium and death benefit for the term period selected.

These plans are not renewable. They will expire at the end of the term period selected. The death benefit is payable if death occurs during the term.

AFR offers the option to convert term coverage to a Whole Life policy, regardless of your health, until the policy anniversary following your 60th birthday.

Decreasing Term

Our Decreasing Term plan is offered for 10, 15, 20, 25, or 30 year time periods.

These plans are not renewable; they will expire at the end of the term period selected.

A death benefit is payable if death occurs during the term period. The death benefit decreases each year, but the premium remains level.

AFR offers the option to convert term coverage to a Whole Life policy, regardless of your health, until the policy anniversary following your 60th birthday.

20LT95 Family Term

The 20LT95 plan offers term insurance coverage to age 95 with a level death benefit.

Premiums are guaranteed to remain level for the first 20 policy years. Beginning with the 21st policy year, renewal premiums will increase annually. The policyholder may renew this policy each year by paying those premiums until age 95.

The 20LT95 can be issued on an individual basis, but is ideal for covering your entire family by adding the optional Spouse and Children Term Riders to the policy.

AFR offers the option to convert the term coverage to a Whole Life policy, regardless of your health, until the policy anniversary following your 65th birthday.

A telephone interview, with answers to our application questions may all we need to make quick underwriting decisions for applicants who apply for a $100,000 death benefit.

For higher death benefits, we require additional medical requirements. A blood draw or urine specimen, for example, may be collected by our paramedical company.

Advantage Term

Advantage term plans offer level death benefit coverage to age 95. Premiums are guaranteed level during the initial term period selected. After the initial term period, renewal premiums will increase annually. The policyholder may renew this policy each year by paying those premiums until age 95.

AFR offers the option to convert the term coverage to a Whole Life policy, regardless of your health, until the policy anniversary following your 70th birthday.

Qualifying for the Advantage Term plan is as easy as 1 ... 2 ... 3 ...

We do not require a urine specimen, blood draw or medical exam. We use the answers to your questions on the application, MVR, MIB and prescription drug history to make our underwriting decision.

Issued for Death Benefits of $50,000 to $250,000 Issue Ages 18 - 65 (Age Last Birthday).


Insurance terms, definitions and explanations are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which control coverage determinations. Such terms may vary by state, and exclusions may apply.

Contact Life Company

For more information or to report a claim:

1-800-425-9303

Find an Agent

Your local AFR Insurance agent can help you evaluate your needs to make sure you get adequate coverage.

The Benefits of Membership

Purchasing a policy with AFR makes you a member of the American Farmers & Ranchers Cooperative, National Farmers Union and your local and county AFR chapters.

As a member, you receive a number of benefits like discounts for products and services including travel, hotel, dental and vision plans, farm equipment, and more.

Full List of Benefits How You Can Help Shape Our Policy

AFR Insurance is proud to have earned a Financial Stability Rating of A from Demotech, Inc. The Financial Stability Rating is an indicator of an insurance company’s strength. An A rating means AFR has “Exceptional ability to maintain liquidity of invested assets, quality reinsurance, acceptable financial leverage and realistic pricing while simultaneously establishing loss and loss adjustment expense reserves at reasonable levels.”

Demotech awards this rating after performing a thorough review of a company’s financial statements. This rating is independent of the size of a company due to Demotech’s belief that a small, well-run insurer may outperform a larger insurance company.