Farmers have a unique work environment and therefore need a unique form of insurance. When you work and live in the same place, along with your family, a threat to the farming operation is also a threat to your home life.
Here's why you need to protect yourself and your business:
1. You’re the boss and the buck stops with you. What happens to your farm if you’re left ill or disabled and unable to work? There are several types of insurance cover that can help your farm to survive.
2. Life Cover or Total Permanent disablement cover can enable repayment of farm debt, enabling assets to be protected should something happen.
3. Key people are really important for the success of a farm. A ‘key person’ is someone who needs to work on the farm in order to ensure its continued operation. In the case of a family farm, this means more than just specific farming operation and could include, among other things, maintenance of equipment, running the accounts, or running the family household.
Disclaimer: The availability of any insurance cover is subject to your application being approved. For full details, refer to the policy document which is available on request from Sovereign. Applications are subject to individual consideration. Special conditions, premiums, maximums and exclusions may apply. The information contained on this website is general in nature and is not intended as advice. Before making any investment, insurance or financial planning decision you should consult a professional adviser. Copies of our disclosure statements are available on request, free of charge.