FBL VARIABLE INSURANCE SERIES FUND
SUBSCRIPTION AGREEMENT
1. SHARE SUBSCRIPTION. The undersigned, hereby agrees to purchase from FBL
Variable Insurance Series Fund ("Fund"), a series type mutual fund, 2,500,000
shares (no par value) ("Shares") at a purchase price of $1.00 per share of the
below-named portfolio, on the terms and conditions set forth herein and in the
Prospectus described below:
Money Market Portfolio
The undersigned hereby tenders $2,500,000.
The undersigned understands that the Fund filed a Registration Statement (No.
33-12791) on Form N-1A, which contains the Prospectus describing the Fund and
the Shares. By its signature hereto, the undersigned hereby acknowledges
receipt of a copy of the Prospectus.
2. REPRESENTATIONS AND WARRANTIES. The undersigned hereby represents and
warrants as follows:
(a) It is aware that no Federal or state agency has made any findings or
determination as to the fairness for investment, nor any recommendations or
endorsement, of the Shares;
(b) It has such knowledge and experience of financial and business matters as
will enable it to utilize the information made available to it in connection
with the offering of the Shares, to evaluate the merits and risks of the
prospective investment and to make an informed investment decision;
(c) It recognizes that investment in the Fund involves certain risks, and it
has taken full cognizance of and understands all of the risks related to the
purchase of the Shares, and it acknowledges that it has suitable financial
resources and anticipated income to bear the economic risk of such an
investment;
(d) It is purchasing the Shares for its own account, for investment, and not
with any intention of redemption, distribution, or resale of the Shares, either
in whole or in part;
(e) It has been furnished with, and has carefully read, this Agreement and the
Prospectus and such material documents relating to the Fund as it has requested
and as have been provided to it by the Fund; and
(f) It has also had the opportunity to ask questions of, and receive answers
from, the Fund concerning the Fund and the terms of the offering.
IN WITNESS WHEREOF, the undersigned has executed this instrument on February
20, 1990.
FARM BUREAU LIFE INSURANCE COMPANY
By: Xxxxxx X. Plogge
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President
