Funny, this topic should come up because I just purchased a 20 year term policy which would allow the remaining (small) balance on the farm to be paid-off with some extra.
I'm 61 and longevity is not on my side of the family so it's a good hedge..
Sure when the kids were growing up and we had the big house sort of speak, my insurance needs were greater. But not now..
I often muse about how much money I saved in insurance premiums by living.. But now at 61 (I am in good health) coverage for the farm and a some extra is needed.
Again my wife will get my pension / social security etc..
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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