Farmers Life Insurance Company

Farmers Life Insurance Company delivers a streamlined, competitive suite of annuity products built for independent agents seeking dependable, consumer‑friendly retirement options. Their offerings include Fixed Annuities, Fixed Index Annuities (FIA), and the Safeguard Plus MYGA series, providing agents with strong tools to help clients protect assets, grow savings, and build predictable lifelong income streams. These solutions are supported by the company’s A‑rated financial strength and commitment to transparent, agent‑centric service.

Farmers Life Annuity Product Portfolio

Fixed Annuities

Farmers Life fixed annuities offer:

• Principal protection, ensuring the contract never loses alue due to market conditions unless early withdrawals occur.
• Predictable growth with guaranteed interest rates defined at the time of purchase.
• Tax‑deferred accumulation, allowing assets to grow more efficiently over time.

This structure makes fixed annuities ideal for clients seeking conservative, stable retirement savings options.

Fixed Index Annuities (FIA)

Farmers Life FIAs provide:

• Upside potential tied to one or more indexed strategies.
• No market‑loss exposure, ensuring the client’s account never decreases due to index declines.
• Allocation flexibility, combining fixed accounts and index strategies for diversified growth.

These features allow advisors to deliver a balance of safety and opportunity, valuable for clients seeking steadier long‑term growth with downside protection.

Safeguard Plus MYGA Series (Multi‑Year Guaranteed Annuities)

The Safeguard Plus MYGA line is Farmers Life’s flagship offering through the independent agent channel, featuring:

• Guaranteed interest rates for 3‑, 5‑, 7‑, and 10‑year terms.
• Highly competitive, A‑rated yields within its product category.
• No market exposure, providing secure, contractually guaranteed growth.

Backed by Farmers Group and Zurich Insurance Group, these MYGAs offer stability and confidence for agents and clients alike.

Benefits for Insurance Agents

1. Strong Financial Backing & Brand Confidence

Farmers Life carries an A (Excellent) AM Best rating and benefits from the global strength of Zurich Insurance Group, one of the world’s largest insurers.

This credibility helps agents close more business and reassures clients.

2. Simple, Competitive, Agent‑Friendly Portfolio

The product lineup is intentionally focused—MYGAs, fixed annuities, and FIAs, making it easy for advisors to match solutions to client needs without complexity.

3. Extensive Agent Resource Center

Agents receive access to:

• Contracting and licensing forms
• Product training assessments
• State‑specific replacement notices
• Compliance guides
• Service forms (RMD, withdrawals, beneficiary changes, etc.)

4. Independent‑Channel Partnership Model

Farmers Life emphasizes supporting independent financial professionals by providing tools, service, and product simplicity tailored to advisor workflows.

Benefits for Your Clients

Financial Security & Principal Protection

With fixed and fixed index annuities, clients avoid market losses, ideal for retirement preservation.

Predictable Income & Guaranteed Growth

MYGAs provide multi‑year guaranteed yields, while annuity income options offer dependable retirement payouts clients cannot outlive.

Tax‑Deferred Accumulation

Deferring taxes until withdrawal can significantly enhance long‑term growth potential.

Flexibility for Different Retirement Needs

Whether they need immediate income, growth with safety, or estate‑planning benefits, Farmers Life annuities offer configurable solutions.

Agent Resources

• Agent Portal – Quick Login
• Full Agent Resource Center (forms, training, compliance)
• Product Brochures & MYGA Details (Safeguard Plus 3, 5, 7, 10)
• Educational Guides