Crop insurance could be a good investment

FBD report an increased number of enquiries in the past 3 months in relation to forestry and crop insurance, most likely due to the spell of hot weather throughout the country this summer. There have been a number of incidents caused by fires around the country and some farmers have lost crops as a result.

Farmers considering crop insurance are advised to contact one of FBD’s 32 branch offices where they can speak to a farm insurance advisor. These advisors cover all aspects of Farm insurance requirements and usually as most cases of cover are different, certain specifications can be discussed to suit your needs.

Farmers should review the cover in place at renewal date in particular and for crop farmers prior to harvest time in connection with the following items;

Growing Crops

Hay or Straw stocks

Grain stocks

Agricultural Vehicles / Machinery & Trailed Implements.

Grain crops are more vulnerable as they ripen, and short-term insurance for standing crops in a dry year is a justifiable investment.

Core

Farmers should, of course, always maintain core insurance protection for their farms. All farmers are encouraged to ensure the following covers are in place;

Employers Liability

Public Liability & Products Liability

Personal Accident

Farm Property (Outbuildings)

“Fire cover is readily available at a moderate additional premium charge” says an FBD spokesman. “If a farmer has any queries they are advised to contact their local FBD office and speak to a farm insurance advisor”.