Financial Ratings
About Farmers Life Insurance Company
Farmers Life Insurance Company is a licensed life insurance provider headquartered at 243 North Peters Road, Knoxville, TN. The company specializes in annuity products designed to help individuals grow and protect their savings, particularly in preparation for retirement. Its flagship offering, the Safeguard Plus® Multi-Year Guaranteed Annuity (MYGA), is crafted for clients seeking secure, predictable, tax-deferred growth.
Product Lineup
Financial Ratings
Live from CANNEXRating Agency
A.M. Best
Rating
B++
Description
Good
Effective
December 12, 2022
Rating Analysis
A.M. Best’s B++ (Good) rating reflects Farmers Life Insurance Company’s solid financial foundation and moderate ability to meet ongoing insurance obligations. This rating places the company in the secure category, indicating that it is a stable and dependable insurer, albeit not in the highest tiers of financial strength. The B++ rating assures customers and policyholders that while the company maintains sound operations and claim-paying capabilities, it may be more vulnerable to adverse economic conditions than higher-rated peers. Nonetheless, for a company focused on annuity products with guaranteed features and no market exposure, this rating supports confidence in their long-term contractual commitments.A.M. Best
Farmers Life Insurance Company Products
Fixed Indexed Annuities
Explore Farmers Life Insurance Company fixed indexed annuity products with current rates and features.
View Products→Multi-Year Guaranteed Annuities
Compare Farmers Life Insurance Company MYGA products with guaranteed rates and terms.
View Products→Immediate Annuities (SPIA)
View Farmers Life Insurance Company single premium immediate annuity options.
View Products→Deferred Income Annuities (DIA)
Explore Farmers Life Insurance Company deferred income and QLAC products.
View Products→Free Comparison Report
Get Farmers Life Insurance Company's rate comparison report
See how Farmers Life Insurance Company's rates, ratings, and product features compare to other carriers — free PDF report.
