We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.
Farm Insurance Australia recommends the following articles which we hope you find of interest.
Simply click on the article title to read the entire content.
We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.
| Protecting Your Herd: The Aussie Farmer's Guide to Livestock Insurance For Australian farmers, livestock is more than just a vital asset; it's the heartbeat of their livelihood. In a land where the sunburnt plains are as relentless as they are beautiful, protecting your herd isn't just a duty; it's a necessity. That's where livestock insurance comes into play—a shield against the unpredictability of Mother Nature. - read more
|
| How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance Farming, at its core, is an enterprise fraught with uncertainty. Weather calamities, pests, diseases, and fluctuating market conditions can all impact the output and quality of produce. This is where crop insurance proves its worth, serving as a safety net for farmers against the myriad risks they face each season. - read more
|
| Proven Strategies for Australian Farmers to Reduce Farm Insurance Premiums Welcome to our comprehensive guide on navigating the complexities of farm insurance for Australian farmers. As an integral part of the agricultural industry, insurance provides a safety net that helps secure the livelihood of farmers against unpredictable events that can lead to financial hardship. From property damage due to natural disasters to loss of livestock or crops, having adequate farm insurance can make all the difference in keeping a farming operation afloat in times of crisis. - read more
|
| From Droughts to Floods: Understanding Weather-Related Coverage in Farm Insurance Australian farmers face a unique set of challenges due to the vast and varied climate conditions that sweep across the continent. From the scorching heat and prolonged droughts of the Outback to the tropical storms and torrential rains of the northern regions, weather-related risks are an integral part of agricultural life in Australia. - read more
|
| Building Resilience Against Natural Disasters: Practical Steps for Aussie Farmers Australian farmers face an array of natural disasters that can threaten livelihoods and disrupt the delicate balance of agricultural ecosystems. From devastating bushfires and droughts to powerful storms and floods, these catastrophic events pose serious risks to the farming community. Understanding and preparing for these forces is not just about survival; it's about building a sustainable future for farms across the continent. - read more
|
| Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future Agroforestry is a transformative approach to land management that integrates trees into agricultural landscapes. In Australia, where farmers contend with variable climates and environmental challenges, agroforestry offers a resilient pathway to productivity and sustainability. - read more
|
| Understanding Livestock Insurance: Essentials for Kiwi Farmers The agricultural landscape of New Zealand is lush with pastures and livestock, making the need for comprehensive livestock insurance an essential consideration for any farmer. As stewards of these precious resources, farmers understand the importance of safeguarding their livelihood against unforeseen events. Livestock insurance stands as a vital tool in a farmer's risk management arsenal, designed to protect against the potential financial devastation that could arise from loss of livestock. - read more
|
| Adapting to Change: How Australian Farms Can Thrive Amidst Climate Shifts Australia's agricultural sector stands as a testament to the resilience and ingenuity of its farmers. Yet, this stalwart industry faces one of its greatest challenges: climate change. Rising temperatures, erratic weather patterns, and extreme events, from droughts to floods, are now common hurdles on the landscape of Australian farming. - read more
|
| Protecting Your Farming Future: Why Machinery Breakdown Coverage is Essential Farming is a vital part of New Zealand's economy and cultural heritage, representing a way of life for thousands across the country. With its unique landscapes and diverse climate, New Zealand farmers are renowned for producing a wide array of high-quality products that serve not only the nation's needs but also supply a multitude of international markets. At the heart of these productive operations is a suite of essential machinery—a tractor for the fields, a milking machine for dairy farms, and other specialized equipment vital for day-to-day activities. - read more
|
| Understanding Livestock Insurance: What Aussie Farmers Should Know In the vast and diverse landscapes of Australia, livestock farming stands as a critical pillar of the agricultural sector. From the cattle stations of the remote Outback to the dairy farms dotting the greener pastures of Tasmania and Victoria, Australian farmers rely heavily on their herds and flocks for their livelihood. The health and well-being of these animals not only impact the economic stability of individual farms but also contribute significantly to the nation's food security and export earnings. - read more
|
| London's CFC Gears Up for Australian Expansion With Local Acquisition 18 Apr 2024: .Paige Estritori In a strategic move to fortify its Australian footprint, the prominent London-based cyber insurance firm CFC has announced the procurement of Melbourne's Solution Underwriting. Already an experienced player in the Australian insurance sector, CFC’s recent acquisition marks a significant augmentation of its local operations. - read more |
| Urgent Call for Stamp Duty Reforms as Queensland Votes Loom 18 Apr 2024: .Paige Estritori In the lead-up to the imminent Queensland state election, the Australian Consumers Insurance Lobby (ACIL) is fervently appealing to prospective legislators to prioritize an overhaul of the antiquated stamp duty regime. ACIL has pinpointed this as a critical issue, particularly in the context of the escalating costs that have disproportionately impacted residents in the north of the state. - read more |
| Clarification Call: Insurers Challenged on Confusing Terms Amid Crisis 11 Apr 2024: .Paige Estritori For two consecutive days, the flood-affected residents of Queensland have been voicing their concerns during the ongoing deliberations of a federal inquiry, tasked with examining insurers' responses to the catastrophes of 2022. The inquiry, in its concluding phase, conducted its second public hearing in the Logan area on April 10th, 2024. - read more |
| Revamping Strategies Against Climate Threats After Sky-High Weather Losses 10 Apr 2024: .Paige Estritori The undeniable escalation in weather-related calamities has thrust insurers and governmental bodies into the spotlight, urging a tactical shift in Australia's fight against nature's fury. A recent assessment by prominent insurance broker Aon sheds light on the nation's susceptibility to meteorological mishaps. - read more |
| Claims Handling Issues Propel Code Obligation Breaches Upward 10 Apr 2024: .Paige Estritori The Life Code Compliance Committee (Life CCC) has recently published findings indicating an upsurge in code obligation breaches among industry participants, marking this as the third year of escalating incidents. Their report, 'Annual Industry Data and Compliance Report,' highlights a notable 9% overall inflation in the quantity of breaches during the period spanning from the 1st of July, 2022 to the 30th of June, 2023. - read more |
| Insurer Held Accountable for Overseeing Claim Delays 09 Apr 2024: .Paige Estritori Following a detailed review by the Australian Financial Complaints Authority (AFCA), it has been determined that the insurance giant QBE must compensate a policyholder to the tune of an additional $65,000. This ruling emerged on account of identified delays, by the insurer's assigned loss adjuster, that stalled crucial repairs to a fire-damaged bed and breakfast in Tasmania. - read more |
| NSW Builders Receive Warnings for Insurance Compliance Failures 08 Apr 2024: .Paige Estritori New South Wales' prolific construction sector recently came under scrutiny after a regulatory check by the state's insurance watchdog. The recent audit zeroed in on a regrettable pattern where several builders skipped procuring legally required home building compensation insurance (HBC), putting the financial stability of various homeowners in jeopardy. - read more |
| Insurance Snag Leaves Vacationers Uncovered 05 Apr 2024: .Paige Estritori In a recent case concerning the intricacies of travel insurance, a couple's abrupt return from their Bali getaway proved to be a financial disappointment when their insurance claim was rejected. The encounter highlights the importance of understanding insurance policy details, particularly regarding single-trip and multi-trip coverage. This incident serves as a cautionary tale to all adventurers to scrutinize their travel insurance policies thoroughly. - read more |
| MetLife Australia Pioneers Inclusive Leave Policies for Its Workforce 03 Apr 2024: .Paige Estritori MetLife Australia, gaining distinction as an Inclusive Employer from Diversity Council Australia, recently unveiled an innovative suite of leave options catering to its diverse employee base. These groundbreaking policies include specialized leave types that acknowledge and accommodate different life stages and personal journeys of its workforce. - read more |
| A Path to Stability: Expert Pushes for Insurers to Adopt Total Replacement Coverage 02 Apr 2024: .Paige Estritori In recent deliberations with the Federal Government, seasoned industry advisor John Trowbridge highlighted a significant gap in the current home insurance model. During a session excavating the depths of insurance processes following the catastrophic floods of 2022, Trowbridge advanced the conversation towards a systemic solution for chronic underinsurance—a shift to full replacement insurance policies. - read more |