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 - Tractor Profile: Oliver 70 Row Crop - by Staff. The Oliver 70 was part of the "Fleetline Series" and was manufacturered from 1937 to 1948. The row-crop configuration could have either dual or single front wheels. The Oliver 70 was also offered in the standard, orchard and industrial configurations. The tractors were sold in Canada. An early advertisement states "Power when you want it - power when you need it - power to help put in crops when field conditions are right and time and help are limited. That's the power you'll find in an Oliv
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