Bloomington, Ill., January 7, 2009 -- State Farm Life Insurance Company, State Farm Life and Accident Assurance Company and State Farm International Life Insurance Company Ltd. announced an increase in the total dividend payout for 2009. The companies expect to pay to their life insurance policyholders an estimated $633 million in dividend payments on 3.6 million participating policies, a 3% increase over the total dividend payout for 2008.
“Despite the volatility in the marketplace and the economic downturn, the State Farm life insurance affiliates remain financially strong. We continue our long term focus to manage our business for the benefit of our policyholders,” said Susan Waring, executive vice president and chief administrative officer of State Farm Life Insurance Company. “We’re proud of our dividend history and the value we provide policyholders.”
Life insurance policy dividends are paid to the policyholder on the anniversary date of the policy based on the performance of participating policies including investment returns, mortality and expenses. State Farm Life Insurance Company has paid dividends every year since the first policy anniversary in 1930.
For questions or more information, contact Carol Carey-Odekirk al (309) 766-6781.
State Farm Life Insurance Company (Sin licencia en Mass., N.Y. o Wis.);
State Farm Life and Accident Assurance Company (Con licencia en N.Y. y Wis.);
Sede central, Bloomington, Ill.
State Farm International Life Insurance Company Ltd.
Aurora, Ontario
State Farm asegura más automóviles y viviendas que ninguna otra aseguradora en Estados Unidos, es la aseguradora líder de embarcaciones y además, una aseguradora líder en Canadá. Los 17,000 agentes y los 68,000 empleados de State Farm asisten a más de 78 millones de pólizas de automóviles, incendio, vida y salud en Estados Unidos y Canadá y a más de 1.9 millones de cuentas bancarias. State Farm Mutual Automobile Insurance Company es la empresa matriz de la familia de empresas de State Farm. State Farm ocupa el puesto No. 32en la lista Fortune 500 de las empresas más grandes. Para obtener más información, visite statefarm.com® o, en Canadá, statefarm.ca®.