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

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FB Annual Renewable Term

Our Term Life products are designed to meet the needs of families and small business owners who have a temporary need for insurance protection. Term insurance can be used for:
  • Income Replacement
  • Mortgage Protection
  • College Funding Protection
  • Business Succession
  • Key-Man Insurance
  • Buy-Sell Agreements
FB ART (Annual Renewable Term)
Our FB ART (Annual Renewable Term) Life Insurance product offers you a minimum of $100,000 of level death benefit on a yearly basis. At the end of each year, you can renew your policy at the rate established for your current age until age 95. In addition, you may convert it to permanent life insurance protection any time before you reach age 65.

Your Conversion Credit
If you choose to convert your FB ART policy to a permanent life insurance policy from Farm Bureau Life Insurance Company of Michigan, you will receive two benefits. First, your term protection is converted without evidence of insurability. Second, you may receive a credit of 25 percent of the first years' base premium on the new policy.

Additional Coverage Options
We've also included three options for additional coverage to customize your FB ART Policy:
  • Waiver of Premium Rider
  • Children's Rider
  • Accidental Death Rider
A term life insurance product from Farm Bureau Life Insurance Company of Michigan may be today's affordable answer to tomorrow's problem.

Contact your Farm Bureau Insurance agent for more information.

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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.


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