How to name beneficiaries and fund a trust at Farmers Insurance
Covers 7 insurance accounts — beneficiaries must be updated in-branch
Phone1-800-238-9671
Mailing Address
Farmers New World Life Insurance Company, P.O. Box 248831, Oklahoma City, OK 73124-8831
WebsiteLearn more→
Phone1-800-238-9671
Mailing Address
Farmers New World Life Insurance Company, P.O. Box 248831, Oklahoma City, OK 73124-8831
WebsiteLearn more→
Life Claims Department
Phone(206) 236-6616
Toll-Free1-800-238-9671
Fax(866) 659-3320
Mailing Address
Farmers New World Life Insurance Company, P.O. Box 248831, Oklahoma City, OK 73124-8831
Verified Jul 2026
Beneficiary designations are the foundation of estate planning for Farmers Insurance policies. Unlike bank accounts, insurance products cannot be retitled into a trust. Instead, the beneficiary designation itself determines who receives the proceeds and how quickly they're paid. Naming a trust as beneficiary is an option when more control over distributions is needed.
Farmers Insurance offers 7 policies, each with its own transfer rules. The sections below cover how to set up beneficiaries, fund a trust, and which products support each approach.
Farmers Simple Term Life InsuranceFarmers Value Term Life InsuranceFarmers EssentialLife Simple Whole LifeFarmers Graded Benefit Whole LifeFarmers EssentialLife Universal LifeFarmers Index Universal LifeFarmers Accidental Death Insurance
1
Contact your Farmers Insurance agent to request a beneficiary change
2
Complete the Change of Beneficiary form with your agent:
- Provide full legal names, dates of birth, Social Security numbers, relationships, and percentage allocations for all beneficiaries
- Sign the completed form in the presence of your agent
3
Your agent will submit the form to Farmers New World Life for processing
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- All beneficiaries must be listed on the form, including those not being changed
- Primary and contingent beneficiary percentages must each total 100%
- Irrevocable beneficiary designations require the beneficiary's written consent to change
- If a beneficiary is a minor, a trustee or guardian must be designated to receive proceeds
- Trusts can be named as primary or contingent beneficiaries
- Form must be signed by the policy owner
- Beneficiary changes can only be made during the lifetime of the insured
Sources
Data sourced from Farmers Insurance primary sources (15 pages reviewed). How we research.
Download these Farmers Insurance instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against Farmers Insurance primary sources. Bring it to the branch or keep it beside the phone.
Phone1-800-238-9671
Mailing Address
Farmers New World Life Insurance Company, P.O. Box 248831, Oklahoma City, OK 73124-8831
WebsiteLearn more→
Phone1-800-238-9671
Mailing Address
Farmers New World Life Insurance Company, P.O. Box 248831, Oklahoma City, OK 73124-8831
WebsiteLearn more→
Life Claims Department
Phone(206) 236-6616
Toll-Free1-800-238-9671
Fax(866) 659-3320
Mailing Address
Farmers New World Life Insurance Company, P.O. Box 248831, Oklahoma City, OK 73124-8831
Verified Jul 2026
Estate planning articles
Learn how to protect your Farmers Insurance accounts and other assets with trusts, beneficiary designations, and estate planning documents.
