Plantation Insurance for small-scale forest growers
Posted 27 September 2023
Many small-scale forest growers have experienced difficulty in securing insurance cover for their plantations. After two-years, Forestry Australia, along with PSC Insurance Brokers and the Forest Growers Committee announce the availability of a new insurance cover, Plantation Protect.
The cover is underwritten via International insurers and provides an option for Australian small-scale growers to secure protection.
There are some coverage aspects for Plantation Protect that should be noted:
- Fire is covered as standard with wind an optional extra.
- Embargos and waiting periods may be implemented, we encourage growers to apply early to avoid issues with coverage. I.e., The southern growers fire season normally commences mid-November.
- There is a 14-day premium payment policy condition, premiums need to be paid in that timeframe.
- KMZ/ Shape Files must be provided for all plantation locations.
If you don’t have KMZ files, the following link will assist you map your plantations.
Creating a KMZ File in Google Earth - Apollo Mapping | The Image Hunters
To receive a quote, download and complete the proposal form HERE.
Send this and the plantation's KMZ files to:
Justin O’Keefe | Account Manager
PSC Insurance Brokers Perth
M: 0427 176 107 | T: (08) 9382 7843
E: jokeefe@pscinsurance.com.au | www.pscinsurance.com.au
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