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Money Mentor: I need to change my will but cannot decide about the farm 08 September 2021 Free
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My mother is signing the farm over to me – will it be straightforward? 07 July 2021 Free
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Dear Money Mentor,
I am a relatively newly married beef farmer, myself and my wife have one little girl. My wife is not working outside the home at the moment. We have the farm insured but I am wondering now with my family what type of life cover I should have and at what level.
Thanks
Dear Joe,
Thank you for your mail. The terms assurance and insurance are often intermingled, but can mean different things, so it is important to understand what they mean for you.
Insurance
Insurance provides financial coverage for unforeseen events or events that may happen, such as fire, theft or flooding.