Simply put, it's a multi peril product that insures your input costs plus revenue and it's designed with every farmer in mind.
The plan is simple:
- Your three major inputs – fertilizer, seed and chemicals – are covered, plus a specific amount of revenue per acre.
- As your input costs increase over the year, so does your coverage. There is no ceiling, and no effect on your premium – meaning you can do what your farm needs, whenever it needs it.
- Payouts happen quickly. So, if something happens, you won't have to wait for your money.
- You can use this insurance as collateral with major banks, and borrow against it.
- See how this product works in Canada