Insurance and financial service - PowerPoint PPT Presentation

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Insurance and financial service

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  1. Agricultural & Farming Insurance What Should be Covered In An Agri & Farming Insurance ?

  2. What Should be Covered In An Agri & Farming Insurance ? ● Agricultural and farming insurance is specifically designed to meet a farmer’s unique needs ● Agricultural and farming insurance is a blend of elements from both home and commercial policies ● That’s why a loss can be both personally and financially devastating for those working in this sector

  3. How farm & agri insurance work ? Agriculture and farm insurance is fully customizable Many farmers will opt for a basic policy, which includes protection for dwellings, farm structures, and machinery Your insurance premiums will largely depend on how much additional protection you wish to obtain

  4. Farm insurance provides liability protection & is mandatory Liability insurance covers you if you cause an accident or someone is injured on your property Liability insurance will cover the following: ● Medical expenses ● Property damage ● Legal fees to the injured party

  5. Farm insurance policies will cover personal property directly related to your operation This section of coverage is usually broken down into three categories ● Machinery and Equipment ● Livestock ● Farming Supplies

  6. Machinery and Equipment Your insurance policy will cover the loss,if your farming machinery or equipment become damaged Livestock Most farm insurance policies offer livestock coverage in the event your animals are hurt or killed Farming Supplies Farm insurance will replace the cost of farming supplies, if become lost or damaged

  7. Consult an insurance and financial service providers for the best insurance product Always consult experienced hands in this field For more details visit: https://www.wbwhite.com/