As a farmer, more money passes through your hands each year than
goes through a local county official’s re-election campaign. So,
if something tragic were to happen to you, who would pay those
bills to the bank, the equipment manufacturer, and the chemical
seed dealer? And, what would it take to settle those accounts in
full?  The answer, according to one independent insurance agent,
is as much a personal choice as it is a matter of finance.
While some industry experts advocate carrying life insurance
policies equal to 10 or 15 times your annual income, Mike
Anderson of Anderson Insurance in Indianola, Miss., said, "There
is no particular formula to determine exactly how much life
insurance you need."  In today’s environment, he said, owning a
million dollars or more of life insurance is very common. But,
to be truthful, it’s never really enough when something happens.
You should base your level of coverage on your personal
financial goals, which may include your children’s education or
the desire to provide