FARM INSURANCE
Working on the land brings many rewards – but just as many risks. As a farm owner, you’re vulnerable to bushfires that can destroy livestock or damage your buildings and other property; machinery breakdown which can cost you
time and money; personal illness or a serious accident; or even a claim from a guest injured on your property. That’s why farm insurance can help protect your farm and its produce, and the
wellbeing of you, your family and the people that pass through your property. Add farm insurance to your business insurance policy.
“The total value of principal Australian agricultural
commodities (crops, livestock and livestock
products) produced in Australia in 2016-17 was
$39,671 million.”
FARM INSURANCE CAN BE TAILORED TO COVER YOUR HOME AND FARM BUILDINGS,LIVESTOCK, VEHICLES, EQUIPMENT AND MORE. A TYPICAL FARM INSURANCE PACK COVERS:
â–º Protection for domestic property and belongings from insured events or accidental damage
â–º Accidental damage and theft cover for farm assets, from silos and sheds, to tractors and ute's
â–º Cover against third-party claims for personal injury or property damage and legal costs
â–º The potential to insure the value of your crops.
THEFT
In NSW alone, theft of cattle and sheep between January and October in 2017 cost farmers $2.8m and $1.4m respectively.
$60 BILLION
$60 billion – Australian Farm income passed $60 billion for the first time in 2016/17.
17,400
In 2009–10, 17,400 agricultural workers become ill or were injured through work.