Farmers Life Insurance Company

Farmers Life Insurance Company

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Financial Ratings

A.M. Best B++ Good

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.

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Financial Ratings

Live from CANNEX

Rating 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

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