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