AgriRisk has extensive experience with the forestry industry and has worked with medium to large corporate plantation owners, government plantations and Managed Investment Schemes.
AgriRisk will conduct a full needs analysis and gain a clear understanding of how your forestry business expects its plantation insurance to perform in the event of aloss. The team can also facilitate a risk assessment and asset valuation, if required. An appropriate policy will then be structured or designed to suit the needs of your business.
What Does Forestry Insurance Cover?
- Destruction of trees as a direct consequence of fire, wind or hail. Trees are deemed destroyed when they are damaged to such an extent that they are no longer suitable for their intended purpose
- The sum insured is an agreed value and can be set at the cost of replanting your trees through to the net present value of the anticipated future wood volumes
- Additional benefits such as removal of debris, fire fighting and claims preparation can be included
- If you have other specific requirements, AgriRisk may be able to tailor or design a suitable product
How Do I Get Forestry Insurance?
AgriRisk does not believe in providing clients with 'off the shelf' insurance products that may not be appropriate to your individual business. Instead, you will be appointed an Account Manager to be your main point of contact. AgriRisk's qualified staff can provide specialist advice and specific recommendations based on the needs of your forestry business and will do this in person, if you'd prefer.