Gary Davis State Farm Offers Life Insurance for Awareness Month

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Gary Davis State Farm, an insurance agency in the Rocky Mount and Wilson areas of North Carolina, is offering life insurance that can refund money in observance of Life Insurance Awareness Month during September.

Having a life insurance policy protects loved ones from financial hardships in case of the policyholder’s death. But what if that policy could also refund money before then?

That’s the premise behind Gary Davis State Farm’s Return of Premium life insurance, a term policy with a level premium period of either 20 or 30 years. If the death benefit has not been paid out by the end of the term and regular premium payments have been made, money paid over the level premium period less any loan and accrued interest on the policy will be refunded. The refund can typically amount to tens of thousands of dollars, and can be used for anything, such as paying off a mortgage, funding college tuition, or boosting retirement savings.

In addition to the protection afford loved ones, the money refunded on the Return of Premium policies are generally tax-free. Over the level premium period, the policy will build cash value and can be borrowed against during the initial term period. The death benefit of the policy is also generally income tax-free, and adding this coverage may make policyholders eligible for discounts should they have one or more other policies.

Keep in mind that regular premium payments must be made for 20 to 30 years in order to receive the refund.

Gary Davis State Farm is located at 1819 Forest Hills Road W in Wilson, N.C. The agency also provides auto and home insurance, as well as financial services. For more information, call 252-991-4800.

About the company:

Gary Davis State Farm Insurance makes recovering from the unexpected easy, helping families in Wilson, Rocky Mount and the surrounding areas realize their dreams while building their "financial future." Whether customers are walk-in, call-in, or click-in, Gary Davis will make them feel at home while protecting their home. They provide the insurance options that are right for each customer, and investment options that are right for a bright future. For more information, please visit

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Gary Q Davis