Exhibit 12 - Statement Regarding Computation of Ratio Earnings to Fixed Charges

Exhibit 10.24

EXHIBIT 10.24 SUMMARY OF NAMED EXECUTIVE OFFICER COMPENSATION

Summary of FBL Financial Group, Inc.
Named Executive Officer Compensation — 2007

     The table below summarizes certain calendar year 2007 compensation information regarding FBL Financial Group, Inc.’s Chief Executive Officer, Chief Financial Officer and the other three highest compensated Executive Officers, (collectively the “Named Executive Officers”). These salaries are subject to change at the discretion of the Management Development and Compensation Committee and/or Board of Directors of the Company. These salaries do not include the Company’s contributions to defined benefit and contribution plans and the Company’s contributions to other employee benefit programs on behalf of the Named Executive Officers.

Name and Title		2007 Base				2007 Non-equity				2007 Stock				2007 Restricted
		Salary				Incentive Plan				Option Grant				Stock Grant
						threshold, target, cap as				(#shares) (2)				(#shares) (3)
						% of salary, payable in
						2008 (1)
James W. Noyce, CEO		$	600,000				40-80-160%				42,104				22,299
James P. Brannen, CFO		$	340,023				25-50-100%				15,917				8,425
Bruce A. Trost, Executive VP Property/Casualty Companies		$	372,855				25-50-100%				17,454				9,238
JoAnn Rumelhart, Executive VP Farm Bureau Life		$	370,175				25-50-100%				17,329				9,172
Stephen M. Morain, Senior VP, Secretary and General Counsel		$	434,591				17.5-35-70%				11,189				5,922

(1) Payable pursuant to the FBL Financial Group, Inc. 2007 Management Performance Plan. Goals for the plan are set annually in such areas as membership accounts, insurance and annuity premium volume, expense controls and earnings per share. Payments are made in early February of the year following performance, upon certification by the Management Development and Compensation Committee of the level of goal attainment.

(2) Annually granted in mid-January pursuant to the 2006 Class A Common Stock Compensation Plan at date of grant closing stock price as the exercise price; vest in five annual installments and expire in ten years. The grants are incentive stock options to the extent permitted by tax law, with the remaining shares being nonqualified stock options.

(3) Annually issued in February pursuant to the 2006 Class A Common Stock Compensation Plan; these restricted shares are subject to forfeiture if Company performance goals (measured by earnings per share and return on equity) and other conditions are not met during the three years ended December 31, 2009, and assume that expected operations will result in earning the target amount of approximately 50% of the amount granted.