Variable Universal Life Insurance
Variable universal life insurance blends the features of universal life, such as flexible premiums and adjustable death benefit,1 with a choice of investment options. The amount of the death benefit may increase or decrease depending upon the success of the investment options you choose. Your policy builds accumulated value, which you can borrow against or withdraw, according to the terms of the contract.2,3
Variable universal life insurance through a Farm Bureau representative provides death benefit protection for your family or business, and has the potential to reward you over the long-term with greater cash accumulation to help fund your retirement or other accumulation goals.
Variable universal life insurance offers you:
Flexible protection1
Flexible payments
Investment options4
Automatic rebalancing5
Access to your money3
Optional protection riders may be available.
As a variable universal life policy owner, you will receive an annual report listing your policy transactions, current accumulated value, amount of premium payments and charges deducted, as well as a record of any policy loans or partial withdrawals.
Variable universal life insurance can help strengthen your financial future by providing protection and asset accumulation for you and your loved ones. Talk with a Farm Bureau agent today to learn more details. Find an agent now.
1The accumulated value and death benefit are dependent upon the investment performance of the subaccounts you select.
2Partial withdrawals are subject to a fee. For the first 10 years of the policy and for 10 years following an increase in coverage, full surrenders are subject to a surrender charge based on policy year, age, sex and underwriting category. Surrender charges may be waived if eligibility can be established. Withdrawals may result in a taxable event.
3Any loans from the policy's accumulated value will reduce the accumulated value and death benefit if the borrowed funds, plus interest, are not repaid by the time of your death.
4Diversification does not protect an investment from market risks and does not ensure a profit.
5Automatic Rebalancing does not guarantee a profit, nor assure against a loss in a declining market.
IMPORTANT: The information and material contained on this Web site is not an offer to sell or a solicitation to buy any security or any insurance product in any jurisdiction. No security or other insurance product is offered or will be sold in any jurisdiction in which such offer or solicitation purchase or sale would be unlawful under the securities, insurance or other laws of such jurisdiction. Not all products are available in all states. Exclusions, limitations and reductions may apply. This Web site briefly highlights Farm Bureau's insurance policies and their benefits. The contract is contained only in the policy. Farm Bureau products are offered by Farm Bureau agents -- for more information about any Farm Bureau product, please contact your local agent or nearest office using the Agent Locator.
Variable product subaccounts, mutual funds and municipal fund securities are subject to market risk and possible loss of principal. This and other important information is contained in the prospectus and in the issuer's official statement, which can be obtained from a registered representative and should be read carefully before you invest or pay money. Investors should consider the investment objectives, risks, charges and expenses carefully before investing.
Variable products are comprised of insurance-related features including, but not limited to, a death benefit; optional riders; payment options at death, maturity or upon complete surrender or partial withdrawal; and fees and charges. A 10% tax applies to most withdrawals made from a variable annuity prior to age 59½.
Agent must be a registered representative of FBL Marketing Services, LLC to discuss mutual funds or variable products.