Premier and Advantage Life Insurance

Protect Your Farm and Family with Life Insurance

Another benefit to being a member of MidAtlantic Farm Credit is having the option to purchase life insurance. Every life insurance policy is underwritten individually and the amount of life insurance never decreases. Once all debt is paid off to Farm Credit, the insurance is all yours to keep as long as premiums are paid when they are due . Each life insurance policy is guaranteed renewable and you can also assign a beneficiary to the policy. Policies are available in 1, 5, and 10 year options.

We are also able to offer a term life insurance product: Advantage Term Life. With Advantage, you can name your own beneficiary and members are able to purchase a more comprehensive insurance protection.

Advantage Term Life Insurance

  • Specialized term insurance product for larger loan amounts
  • Select, level rates for 10 or 20 years
  • Insurance amounts from $100,000 to $10 million
  • Convertible to whole life insurance, giving you added benefits of a premium waiver with disability and inflation protection
  • Eligibility on 10-year term is age 20-75
  • For the 20-year term, eligible age is 20-65
  • Non-tobacco and good health discounts
  • Volume discounts

If you're interested in getting life insurance or finding out more about the program, fill out our contact us form or give us a call and we'll be happy to help!