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Agriculture

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South Dakota State University

Theses/Dissertations

1932

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Full-Text Articles in Life Sciences

Farm Mortgage Experience Of Life Insurance Companies Lending In South Dakota, Harry Allan Steele Jan 1932

Farm Mortgage Experience Of Life Insurance Companies Lending In South Dakota, Harry Allan Steele

Electronic Theses and Dissertations

Life insurance funds play an important part in supplying farm mortgage credit. This source of credit has increased rapidly during the last twenty years and is now one of the principal sources of farm mortgage loans in the United States. Because of the nature of the institution of life insurance, its investments should be conservative. It is with this view in mind that the state insurance laws are designed to regulate the investments of the life insurance companies. Investments of the well established life insurance companies have generally been made on a conservative basis.