Our Products


Related Information

  • Qualified Single Premium Deferred Annuity

  • A Qualified Single Premium Deferred Annuity (QSPDA) is an annuity policy that is available to certain people who meet stringent Internal Revenue Service guidelines.

    With a QSPDA, you make a one-time deposit. Your money is placed into an annuity account, where it earns a competitive rate of interest. When you annuitize your account, you receive periodic income payments according to a schedule you select.

    It is one of the best instruments you can have to plan for your financial security during your retirement.

    Take a look at the summary of benefits the Qualified Single Premium Deferred Annuity provides:

    100% Invested
    Every dollar you contribute to your Single Premium Deferred Annuity works for you immediately. With a QSPDA from Farm Bureau Life, you won't have to pay any administrative or maintenance fees.

    Substantial Tax Advantages
    No federal or state income taxes on your earnings and principal until they are withdrawn.

    Reliable, Lifetime Income
    You're guaranteed a specific amount of income, unshaken by economic and market fluctuations, to help you meet your expenses for the rest of your life.

    Immediate Access to Your Money
    You can make withdrawals or take policy loans when you need to. (A nominal decreasing surrender charge may apply to withdrawals.)

    Contact your Farm Bureau Insurance agent for more information on insurance products from Farm Bureau Insurance of Michigan.

    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.

Auto Insurance

Life Insurance

Home Insurance

Farm Insurance

Business Insurance

Credits and Discounts

With Michigan's Insurance Company you can cut your insurance bills without cutting your coverage with our Multi-Policy Credit. Talk to an agent to learn more.
Locate an Agent

Service Center

Print auto certificates of insurance, view policy details, pay bills, request changes and more. Discover the benefits of creating an account.
Service Center

Member Benefits

Save on travel, theme parks, hotels and so much more. Learn about the value of being a Farm Bureau member.
Member Benefits
You have indicated you wanted to make changes to your policy, but you did not submit the changes to your agent. Leaving this page means your changes will not be submitted.

Changes must be submitted to your agent before the request is considered complete. You may request that your Agent provide you with a quote before submitting the changes.

We have noticed that your browsing session has been inactive for a while, if you would like to continue working, please indicate by clicking the button below, otherwise for protection of your data, you will automatically be logged out in seconds

v75.0.7228.20382, 10/16/2019 11:19 AM