Safeguard Plus 3
Multi-Year Guarantee Annuity
The Safeguard Plus 3 is a deferred multi-year guarantee annuity issued by Farmers Life Insurance Company.
The current 3 year guarantee period annual yield is 5.65% (see Rate Details below). This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. The Safeguard Plus 3 has a full penalty free withdrawal window after 3 years.
Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below.
Farmers Life Insurance Company is rated “B++” by A.M. Best, was founded in 1997, and has over $956 million in total assets.
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Apr 1st, 2026
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3 years
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| Current | ||
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3 Year Guarantee Period Annual Yield:
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5.65% | |
| Interest rate start of year 1 through end of year 3: | 5.65% | |
Accumulation Value (assuming no withdrawals) |
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3 years
3 years
3 years
State variations may exist, refer to product disclosure for details.
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$10,000
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$10,000
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$1,000,000
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$1,000,000
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95
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95
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60 days
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Yes
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No
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No
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No
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See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.
Not available in: CA, CO, CT, DE, FL, HI, ID, KS, ME, MD, MI, MN, NH, NJ, NY, NC, OR, RI, SC, SD, VT, VA, WA and WI (as of 11/20/2024)
Base contract provides zero liquidity. The following are optional riders available at the time of application. The crediting rate is reduced by the percentage indicated for each option.
5% Free Withdrawal Rider (0.10%): Access the greater of 5% of the contract value as of the last Contract Anniversary for the first withdrawal in each Contract Year or the Required Minimum Distribution (RMD), as calculated under the Internal Revenue Code, without paying surrender charges or an MVA.
Earned Interest Withdrawal Rider (0.10%): Access the greater of the accumulated interest earned in a Contract Year or the Required Minimum Distribution (RMD), as calculated under the Internal Revenue Code, without paying surrender charges or an MVA.
Enhanced Benefit Rider (0.10%): Access to the account value if you are diagnosed with a terminal illness (12 months or less to live) or have been confined at least 60 days to a qualified nursing care facility without paying surrender charges or an MVA.
Death Benefit Rider (0.25%): The death benefit will equal the Accumulation Value, defined as your initial premium plus interest credited less any deductions for prior partial surrenders.
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