Life Insurance — A Risk Management Tool
“I’m too young.” “I’m healthy.” “I don’t want to pay that every month.” These are common thoughts people have about life insurance, says Carl Ivey, life advisor with American Family Insurance. He says these thoughts are getting in your own way. Today is always the cheapest time to buy life insurance, because you’re always getting older. And the expense is more like paying for a tool — Ivey walks us through scenarios where life insurance can help in farm transitions, retirement and taking care of your family if the unthinkable happens.