Farmers Life
A Knoxville, Tennessee stock life insurer founded in 1997 and identified by AM Best within the Arrowhead Capital Group corporate structure, carrying a B++ (Good) rating across a focused shelf of fixed indexed and multi-year guaranteed annuities.
Financial strength
B++
AM Best
AM Best B++ (Good)
Farmers Life Insurance Company carries a B++ (Good) Financial Strength Rating from AM Best.
Founded 1997
Farmers Life says it was founded in 1997 as a small credit life and disability insurance company.
Arrowhead corporate structure
AM Best identifies Arrowhead Capital Group, LLC as the ultimate parent in Farmers Life Insurance Company's corporate structure.
Farmers Harvest FIA line
Farmers Harvest is offered in fixed indexed annuity contracts with different term structures.
Safeguard Plus MYGA
Safeguard Plus is Farmers Life's multi-year guaranteed annuity for fixed, tax-deferred accumulation.
Run live numbers on Farmers Life products
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Growth FIAs
Selected product: Farmers Harvest
An accumulation-focused fixed indexed annuity group with index-linked crediting and, for some versions, premium-bonus designs.
Other current products
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Explore Farmers Life products
Farmers Life’s lineup, grouped by what each product group is built to do. Current rates come from CANNEX via AdvisorWorld and are checked daily.
Fixed Index Annuity - Growth
Index-linked annuities built for protected growth, with caps, participation rates, and fixed-account options surfaced from live product data.
- Growth-oriented FIAs grouped by accumulation purpose
- Individual product pages carry current rates, terms, riders, and disclosures
Best for: Buyers comparing principal-protected growth potential before opening a product page for the full live strategy set.
Farmers Harvest
An accumulation FIA with a shorter seven-year surrender period and a mixed menu of S&P 500 plus volatility-controlled alternatives.
S&P 500 annual cap
9.75%
Farmers Harvest
A premium-bonus accumulation FIA on a ten-year ladder, pairing a recognizable S&P 500 cap with volatility-controlled alternative indexes.
S&P 500 annual cap
7.5%
Rates are pulled live from CANNEX via the AdvisorWorld data feed · 2026-07-16. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
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Compare Farmers Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Find your fit
Start with the job for the money, then compare the Farmers Life product family that matches that goal.
Company overview
What Farmers Life is
Farmers Life Insurance Company is a Tennessee stock life insurer headquartered in Knoxville. The carrier says it began in 1997 as a small credit life and disability insurance company and now issues retirement annuity products.
Checked 2026-07-15 · Farmers Life Insurance Company; AM Best
AM Best identifies Farmers Life Insurance Company as the operating insurer and Arrowhead Capital Group, LLC as the ultimate parent in its corporate structure. Farmers Life remains the legal issuer responsible for its policy obligations and guarantees.
Checked 2026-07-15 · AM Best; Farmers Life Insurance Company
Farmers Life product materials describe Farmers Harvest as a fixed indexed annuity family and Safeguard Plus as a multi-year guaranteed annuity. Current CANNEX data supplies available products and terms.
Checked 2026-07-15 · Farmers Life product materials; CANNEX via AdvisorWorld
Scale, labeled
Founded
1997
Founded as a small credit life and disability insurance company.
Checked 2026-07-15 · Farmers Life Insurance Company
Headquarters
Knoxville, Tennessee
Administrative and domiciliary address reported by AM Best.
Checked 2026-07-15 · AM Best
Structure
Stock insurer
AM Best classifies Farmers Life as an in-business life, annuity, and accident operating company.
Checked 2026-07-15 · AM Best
Ultimate parent
Arrowhead Capital Group
Current ultimate-parent relationship identified by AM Best.
Checked 2026-07-15 · AM Best
History highlights
Farmers Life Insurance Company was founded in 1997 as a small credit life and disability insurance company.
Checked 2026-07-15 · Farmers Life Insurance Company
The Tennessee Department of Commerce and Insurance later approved Arrowhead Capital Group, LLC acquiring control of the insurer.
Checked 2026-07-15 · Tennessee Department of Commerce and Insurance
The carrier now publishes the Farmers Harvest fixed indexed annuity and Safeguard Plus multi-year guaranteed annuity suites.
Checked 2026-07-15 · Farmers Life Insurance Company
A distinct Tennessee issuer within Arrowhead Capital Group
Farmers Life Insurance Company began in 1997 and is organized as a Tennessee stock life insurer with its current headquarters in Knoxville.
Checked 2026-07-15 · Farmers Life Insurance Company; AM Best
A Tennessee insurance-department acquisition order approved Arrowhead Capital Group, LLC taking control of Farmers Life. AM Best currently identifies Arrowhead as the ultimate parent in the insurer's corporate structure.
Checked 2026-07-15 · Tennessee Department of Commerce and Insurance; AM Best
That ownership relationship does not change the issuing-carrier obligation: Farmers Life Insurance Company states that it is responsible for the financial obligations of its policies and that guarantees depend on its claims-paying ability.
Checked 2026-07-15 · Farmers Life Insurance Company
Financial strength
AM Best
CurrentB++
Good financial-strength rating for the issuing carrier.
Checked 2026-07-15
What makes Farmers Life different
The legal issuer is explicit
Farmers Life Insurance Company, not a similarly named insurance group or another annuity carrier, is the legal issuer responsible for the obligations and guarantees of these contracts.
Checked 2026-07-15 · Farmers Life Insurance Company; AM Best
A focused annuity shelf
Farmers Life offers Farmers Harvest for index-linked accumulation and Safeguard Plus for a declared multi-year guarantee.
Checked 2026-07-15 · Farmers Life Insurance Company; CANNEX via AdvisorWorld
Farmers Harvest contract filings
Farmers Harvest 7 and Farmers Harvest 10 share a family name but remain separate contracts with different term structures.
Checked 2026-07-15 · Farmers Life product materials; CANNEX via AdvisorWorld
Clear FIA and MYGA separation
Farmers Harvest is designed for index-linked accumulation, while Safeguard Plus offers a declared multi-year guaranteed rate. Each should be compared within its own annuity type.
Checked 2026-07-15 · Farmers Life Insurance Company; CANNEX via AdvisorWorld
About Farmers Life Insurance Company
Farmers Life Insurance Company is a Knoxville-based Tennessee stock life insurer founded in 1997. AM Best identifies it as an operating company in the life, annuity, and accident business.
Checked 2026-07-15 · Farmers Life Insurance Company; AM Best
AM Best places Farmers Life within the Arrowhead Capital Group corporate structure and assigns the insurer a B++ (Good) Financial Strength Rating. Farmers Life remains the issuing carrier behind its contracts.
Checked 2026-07-15 · AM Best; Farmers Life Insurance Company
Farmers Life product materials describe Farmers Harvest fixed indexed annuities and the Safeguard Plus MYGA. Each available contract has its own current terms and availability.
Checked 2026-07-15 · Farmers Life product materials; CANNEX via AdvisorWorld
Free Comparison Report
Get Farmers Life's current rate report
Compare Farmers Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- Farmers Life Insurance Company corporate site — Checked 2026-07-15
- Farmers Life Insurance Company history and issuing-carrier disclosures — Checked 2026-07-15
- Farmers Life Insurance Company annuity product catalog — Checked 2026-07-15
- AM Best company profile - Farmers Life Insurance Company rating, legal structure, and ultimate parent — Checked 2026-07-15
- AnnuityRatesHQ Farmers Life lineup - current CANNEX data via AdvisorWorld — Checked 2026-07-15