Are you prepared for what could happen to you and your farm should you be unable to work due to disability or death?
- How would you continue to generate enough revenue from your farm to provide for you and your family?
- Could you afford a replacement?
- How would you pay your debts?
Being unprepared can lead to disastrous consequences. Cash flow problems in the short term can lead to capital and debt issues in the long term which could mean that you may have to sell your land or farm and what happens if you can’t get enough to pay back all the debt?
Having rural insurance covers means that should you or your key person are unable to work and bring in the revenue because of disability or death, the funds will become available to protect the financial viability of the farm and the financial stability of your family.
These funds can be used however you need to. You may want to reduce the farms debt, replace the lost income, find a suitable replacement to keep the farm working or a combination.
SHARE No.8 Life can customise your insurances to protect the financial viability of you farm, we make organising your rural insurances easy and understandable and will customise your rural insurance package to suit your needs and budget.
Benefits of Farm Protection
- Pay off farm debt
- Fund a replacement to keep farm going
- Can be tailored to suit your needs and budget
- Prepared for the unexpected – Peace of mind
- Some offer no offsets with other insurers or ACC
Farming, Insurance & ACC
Running a farm means your Insurance costs are high as it is, on top of that you are paying ACC levies which add to the monthly outgoings.
SHARE No.8 Life can reduce your ACC levy’s and even organise extra discounts for your farming business.
So let us help you reduce your ACC Levies and give you more money back into your back pocket. Click here for more info.
