Typically farming and ranching operations are owned by families, and the burden of agriculture loan repayment is often left to the next generation when the primary operator passes. For this purpose, Western AgCredit offers term life insurance to offer a secure financial future for your operation. Insurance funds can be used to repay loans or to ensure that siblings not involved in the operation receive an inheritance without jeopardizing the success of the farm or ranch by dividing it among all heirs.
Contact your loan officer today to find out how term life insurance can benefit the financial future of your operation. After submitting your initial application, the underwriter will contact you for health information (age, smoking habits, general health, etc.) and let you know your exact premium. All insurance programs are underwritten by reputable and top rated national insurance companies. Through purchasing life insurance, you can rest assured that your operation will remain financially secure for the future generation.