What you need to know
Elders Insurance has a long history of providing financial protection to rural and regional Australians.
Elders Insurance has a wide range of farm insurance options to choose from so you only need to pay for the cover that you need.
Elders Insurance policy provides a variety of cover that protects commercial farm operators and lifestyle farms. Here are a few things you can get cover for:
Home cover provides protection for your home and belongings from insured events or accidental damage. Some other benefits include:
- Cover for fusion of electric motor
- Limited cover for illegal use of credit cards
- Personalise you cover for contents away from home
- Cover for temporary accommodation while your home is repaired
You can personalise you cover to choose which farm assets to insure including livestock, hay, sileage, grain and fencing for fire. Buildings, contents and machinery can be covered for fire, storm and accidental damage.
You can choose to insure increased costs following a loss such as buying in Hay if pasture is lost or hiring machinery to complete harvesting, spraying or sowing.
- Replanting trees
- Fire prevention and extinguishment costs
- Employees belongings cover
Farm Liability cover provides protection for claims made on you by other people, arising out of your farm business. Some of the additional and optional benefits include:
- Farm hosting (optional)
- Aerial spraying (optional)
Provides protection in case any of your motor vehicles used in your farming business are accidentally or maliciously damaged, stolen or involved in any accidents. Some of the additional benefits include:
- Hire vehicle costs following theft
- Removal of vehicle debris
You can choose to insure for third party property damage only cover.
Elders Insurance also offers crop insurance. This protects you should hail, fire, transit, storage or broadacre loss.
These are the things that are not covered by the Elders Insurance farm policy. To find out exactly what these are, refer to the general exclusions and specific exclusions in the product disclosure statement (PDS). Some of the general exclusions under the Elders Insurance policy include:
- Any loss or damage resulting from war or terrorism.
- Any intentional damage by you, a member of your family or a person acting with your consent.
- Any loss or damage caused by flood or action of sea water.
- Any liability to provide cover, pay any claim or provide any benefit that breaches any sanctions, prohibitions, or restrictions under United Nations resolutions or any other applicable trade or economic sanctions.
- Any loss caused directly or indirectly by inhalation of exposure to or presence of asbestos.
There are also policy conditions, excess and limits/sub-limits on covers and additional benefits.
If you need to make a claim, you can speak to the local Elders Insurance agent that has been assigned to you. The name of your Elders Insurance agent can be found on your insurance schedule, as will their contact details. They will put through your claim for you personally. If you're unsure who your local agent is, you can find them here.