Be sure to have insurance cover for your trees
Posted 23 September 2021
Plantation trees are valuable and become more so over their lifetime, there are however, a number of challenges facing the Plantation Insurance market at the moment with the majority of underwriters advising they are no longer offering this type of insurance.
There is now only one underwriter in the Australian market accepting policies on a stand-alone basis.
The IFA/AFG have been working to identify a way forward and have engaged an expert in Plantation Insurance to assist their members with choice and a competitive market to ensure premiums are kept affordable.
PSC Insurance Brokers of Western Australia have been appointed as an IFA partner.
PSC have extensive experience in Plantation Insurance cover and have been able to identify a short-term solution in 2021 for IFA/AFG members with Rural Affinity Insurance Agency Pty Ltd.
Rural Affinity Insurance Agency Pty Ltd is an underwriting agent arranging policies for and on behalf of the insurer.
PSC have the required relationships with the London underwriting markets which will enable them to work on alternative insurance solutions for future years.
The IFA website provides additional information and the relevant forms for you to obtain a quote for your Plantation Insurance needs.
Visit the IFA Website for additional information.
Share this Article
Latest Articles
-
02 November 2023
A journey of agroforestry knowledge exchange
-
01 November 2023
Forest Foresight - Collaborative Forest Intelligence
-
01 November 2023
"Forestry is at an inflection point": Meet PFT'
Archives
- FREE practical bushfire management for farmers and rural landholders
- Plantation Insurance for small-scale forest growers
- Education and hands-on training at Hagley Farm School
- Fire Prevention at Forest Operations Procedures updated with bushfire season commencing October 1.
- Call for expression of interest - Member, Private Forests Tasmania Board
- Invitation: Future proof your farm forum
- Midway: Carbon Project Agreement offering
- The Clark's plant 60,000 pines as part of a carbon farming project
- Support Plantation Establishment 2023-24 - Grant opportunity
- Consultation on proposed legislative changes
- Bureau of Meteorology (BOM) Weather App - Get the warning when it matters most
- Looking to establish new forestry plantations? REGISTER NOW for the Support Plantation Establishment Program
- Plantation thinning field day
- Hydrowood - an opportunity to invest in nature's hidden wealth
- FIFMC highlight their 2022/23 fire season efforts
- Tasmanian Timber Awards 2023
- Position Vacant - Business and Project Support Officer
- Plantation Thinning field day invitation (NW)
- Community Bushfire Ready Challenge launched - Sign up for the challenge
- Farm Forestry Carbon tool launch
- NatureTrackers: Where? Where? Wedgie?
- Aussie-Japan Agroforestry: Knowledge share & growth opportunities
- Formosa Estate virtual reality video - Shelterbelts increase pasture growth
- The Back Run, Integrated Farm Forestry Demonstration Site progress
- Advice for storm and gale force wind affected areas
- Private Forests Tasmania welcomes new director
- National Carbon Farming Conference, Albury
- PFT's new Corporate Plan released
- Report rubbish and the Litter and Dumping Management System for Land Managers
- Fire Prevention at Forest Operations Procedure update & subsidised fire training courses
- Tasmanian Forest Safety Code Review
- Planting trees for shelter, biodiversity and aesthetics,
- North-West farmer named Tasmanian Tree Farmer of the Year
- Be sure to have insurance cover for your trees
- Tasmanian Timber Awards 2021 run and won
- Tasmanian primary producers, environment and industry to benefit from trees on farms
- Why farmers should plant trees now, and manage them for the mass timber buildings of the future
- Stephen Clarke can help you capitalise on the extensive benefits of trees
- Private Forests Tasmania welcomes Molly Marshall to our team
- Windbreaks and wildlife benefit better understood
- The effects of windbreaks on airflow, microclimates and crop yields
- Find out the socio-economic impacts of forestry
- The benefits of trees to reduce paddock water loss
- Modelling the costs and benefits of Agroforestry systems
- Market for Plantation Grown Wood: Where we're at and where we're going
- Rob Smith offers his expertise to advance Tasmania and help the planet at the same time
- Trees on farms to support natural capital: An evidence-based review for grazed dairy systems
- Understanding values behind farmer perceptions of trees on farms
- Economic Impact of Forestry in New Zealand - Te uru Rakau May 2020
- Farm-scale sediment sources: Tree harvesting, cattle and roads
- Improving durability to enhance the value of plantation, regrowth and regenerated Eucalyptus
- Biodiversity outcomes from eucalypt plantation expansion into agricultural landscapes of southern Australia
- Understand how trees improve the carbon balance - carbon investing improves your ROI from trees
- 10 per cent multipurpose tree cover for every farm: A low risk, high opportunity first step
