Farm Bureau Insurance of Michigan Products Products
Farm Bureau Insurance of Michigan

Michigan's Insurance Company
Contact Us
Make a Payment
Other States
Universal Life

Universal Life truly is a policy for your present and future needs. By meeting current Internal Revenue Service guidelines, this policy will provide all the benefits that are available through life insurance products.

Here are some of the many benefits:
  • The interest earned each year on the cash value is not currently taxable.*
  • The entire death benefit is tax-free to the insured's beneficiary.*
  • The death benefits can avoid probate charges, if payable to a named beneficiary.
Universal Life is a very flexible approach to life insurance that can be adapted to meet your particular needs.
  • After you select the basic amount of insurance, you can decide to increase** or decrease the amount at any time after the first policy year to meet changing needs.
  • You can add lump sums of cash at any time to increase the amount of your cash value fund which earns interest in your policy.*
  • You may elect to have your Universal Life Plan become a reduced paid-up policy after seven policy years.* This allows for the option to meet your future insurance needs without the need to pay future premiums.
Contact your Farm Bureau Insurance agent for more information.

* Subject to policy minimums and IRS guidelines.
** Subject to acceptable evidence of insurability.

Electronic product brochures
Monthly E-Newsletters

The product information included in the Farm Bureau Insurance of Michigan web site is intended for Michigan residents only, and is neither an offer to sell nor an invitation to purchase any insurance product.


Home | Corporate | Agents | Products | Services

Site Index
Copyrights, Disclosures, Disclaimers
Privacy Notice