Looking Out for Your Family’s Future

Life insurance is a foundation of a strong estate plan. It is important for you to know that regardless of what happens to you, there are safe, secure benefits that you can provide for yourself and your family.



Life insurance is a contract that protects your loved ones who depend on you for future financial security.

Life insurance can help with retirement and estate planning. Life insurance can even build cash value as a source of funds when you need it.

Life insurance is affordable. Plans are customizable to meet your unique needs. Acquiring life insurance tends to get more expensive as you age; it's best not to look back and say, “I should have.”

Most importantly, life insurance is foundational protection from unexpected life events without risk from market fluctuations. We work hard to protect our families and keep them safe, warm, and secure. Do not neglect their need for ongoing securing that life insurance can provide if you are not there.

Term Life Insurance

Term Life insurance is a solution for getting the insurance protection you need for a set pre-determined period. 

Life insurance is designed to provide protection against the financial loss and hardship your loved ones might experience if you died. 

Because term insurance is intended to be a set period, your initial cost is less than permanent insurance protection of the same amount. 

Here are some of the benefits of a term life insurance policy from Farm Bureau Life Insurance Company of Michigan:

• Initial Affordability

This is the least expensive kind of insurance protection you can purchase. 

• Level Premiums

Premiums will remain the same for a specific period.

• Conversion

One of the most valuable benefits is the opportunity to convert to the protection of permanent insurance without proving you are still insurable. Your conversion privilege is limited to the premium period of your policy or age 65, if sooner. 

These products provide level death benefit, for the same premium until the end of a specific duration. This is called the level period. The level periods are:

• 10 years (Term 10)
• 20 years (Term 20)
• 30 years (Term 30)
• Anniversary following 70th birthday (FB Term 70)

At the end of the level period, clients have an opportunity to continue paying coverage but at a higher premium. Premiums will continue to increase until the client chooses to cancel the policy or to age 95, whichever comes first.