2025 State Farm Life Insurance Review: Rates, Pros and Cons

State Farm ranks 11th overall in our life insurance study. It excels in customer satisfaction and buying process, earning first place in both categories. The company lags in affordability, ranking 12th, and places 10th for coverage options.

State Farm term life insurance costs $149 to $10,146 annually based on your age, coverage amount, term length and health. Use the filterable table below to compare rates for your situation.

State Farm ranks first in our customer satisfaction study with above-average ratings. Customers praised the buying process and customer service experience.

State Farm offers only term and guaranteed life insurance options, fewer than most major providers. You can choose from five coverage amounts for both policies and three term lengths for term life. Review the selections and restrictions for both options below.

State Farm offers these life insurance riders:

• Children's term: Covers eligible children until age 25, up to $20,000 per child.
• Select term: Term life insurance up to age 95 with level premiums for 10, 20 or 30 years.
• Level term: Extra term coverage for the insured or another person.
• Flexible care benefit: Use part of your death benefit while receiving long-term care for a chronic illness.
• Accidental death benefit: Extra death benefit if you die in an accident.
• Payor insurance: Covers premiums until the insured child turns 25 if the policy owner dies or becomes disabled.
• Guaranteed insurability: Buy more coverage at specific ages or life events without a medical exam.
• Estate preservation: Extra death benefit during the first four policy years to help with estate taxes.

State Farm earned a top ranking in MoneyGeek's analysis for its buying process and customer satisfaction. Its pricing and coverage don't lead the market. Compare State Farm with other insurers to find the best rates and coverage for your needs.

Here are answers to common questions about State Farm life insurance:

State Farm advertises competitive rates and strong customer service, but actual performance varies widely across insurers. Our analysis evaluated State Farm's real-world costs, customer experience and coverage flexibility to determine where it excels and where alternatives might serve you better.

We gathered quotes for a 40-year-old male in good health with no smoking history. This profile represents the demographic most actively shopping for term life insurance. Our analysis weighted three factors based on what matters most when choosing life insurance.

Affordability (60%)

Premiums determine whether families can maintain coverage long-term. We compared State Farm's rates across multiple scenarios: different ages (from 25 to 65), coverage amounts ($250,000 to $1 million), term lengths (10, 20 and 30 years) and smoking status. This shows how State Farm's pricing compares for various life stages and coverage needs.

Customer Satisfaction (30%)

J.D. Power ratings, state complaint data and online customer reviews reveal how insurers handle claims and resolve problems. Our research team tested State Farm's quote process and measured response times during typical business hours. Real customer experiences matter more than marketing promises.

Coverage Selection (10%)

Product variety matters when matching policies to individual needs. State Farm earned points for term life, whole life and universal life options, plus riders like children's term and guaranteed insurability. More options increase your odds of finding coverage that fits your situation without compromising on other priorities.