State F., which is listed as number 32 on the Fortune 500 list of largest U.S. companies, was founded in 1922 by a retired farmer and insurance salesman named George Jacob “G.J.” Mecherle. Having seen first hand how crooked some life insurance salesman could be, G.J. founded State F. to be all about about fairness and doing the right thing for the customer such as offering fair prices and having great claims paying practices.For instance, Mecherle knew that farmers drove less and had fewer accidents than did people from the city, and he thought that they should thus pay less for automobile insurance. The insurance company G.J. worked for didn’t agree – and suggested he start his own company. So he did. And although he threw his early business plan into a cold fireplace in frustration, his wife Mae pulled the papers out and told her husband he was doing the right thing and needed to fulfill his dream of a fair insurance company.One way in which State F. keeps things fair is by making every policyholder a shareholder of the company. As a mutual company owned by its policyholders, State F. returns a portion of premiums when expenses are lower than expected. In 1997, State F. declared nearly $700 million in dividends to auto insurance customers in 30 states and the District of Columbia.State F. added its Life Insurance division in 1929.FUN FACT: An unknown composer named Barry Manilow wrote the music for State F’s “Like a good neighbor…” theme song which was first used in 1971.State F. joined the Internet revolution in 1995, after a history of developing agent-and-client-helpful computerized insurance systems going all the way back to 1980. Today that means having a top-notch online Insurance Service Center. From the comfort and convenience of your own home, with State F’s online Insurance Service Center, you can: pay your bill; register your policies to manage online; change a Health insurance policy; change a life insurance policy or annuity; report a claim; find a registered State F. representative; get a list of all NAIC numbers for State F’s companies; organize your family information; organize your property information; manage your policies; and get a rate quote. You can also e-mail the company directly for additional questions, and get general helpful information about insurance that will allow you to make informed decisions and protect yourself from fraud.Under their online Life Insurance section, State F. describes in clear, concise language what life insurance is supposed to be used for and why it is important, without giving a sales pitch. Here, State F. also provides an online life insurance needs calculator so that you can be informed about how much life insurance you should have before you even have a meeting with an agent. This is all part of State F’s commitment to being a service company first and a group of salesmen second.State F. Life Insurance was given a Superior, A++ rating by A.M. Best Consumer ratings–the only one out of 1677 life insurance companies to receive this rating.This is vitally important to consider because insurance agents, brokers, financial advisors, banks, and other insurance professionals utilize Best’s Financial Strength Ratings to determine an insurer’s financial strength. In recent years, ratings have also become increasingly important in helping consumers themselves make decisions on which insurers to buy coverage from, whether it be to protect their lifestyle or their future financial well being.Best’s Ratings provide an independent third-party evaluation to help determine the ability of an insurer to fulfill its financial obligations with regard to life, homeowners and other insurance products to you — the policyholder. Our rating process subjects all insurers to the same rigorous criteria, providing a valuable benchmark for comparing insurers.