When choosing the amount of coverage that's right for you and your family, it's important to think about the amount of money your family would need to maintain its lifestyle if your income were not included. How much would your family need to live comfortably without depleting existing assets and compromising short- and long-term plans? Also, consider how any existing Farm Credit loans will factor in. Follow these steps to see where you stand:
Your individual financial situation may require more or less insurance than this suggested amount, to cover other personal debts and fund other expenses. Our staff of licensed agents can help you make a careful evaluation of your specific needs.