Interest is credited daily and compounded annually. Depending on the single premium paid and the period selected, the rate is guaranteed for the initial one, three, or five years of the policy. Thereafter, a new current interest rate will be declared. The interest rate quoted here is the current annual effective yield. A new rate may be declared at any time.
Interest is credited daily and compounded annually.
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.