Covering your most precious asset

Brought to you by FMG, New Zealand's leading rural insurer.

Insurance can be one of those farm inputs that you review once a year and forget about.  But if your goals change, your needs may also change.  Part of managing your on-farm risks is reviewing your disability and life insurance cover to make sure your family and property can continue on.

When Peter Standish, FMG's life sales manager, talks to lifestyle farmers he asks what their biggest assets are.  "Most often they'll say their home, vehicles and farm buildings, but the asset much more valuable than any of these is their ability to work.  If farmers have an accident, or pass away it's then up to the rest of the family to maintain the property and see to the livestock - and sometimes that's not an option.  When farmers look at their insurance needs and contingency plans, disability and life insurance should always be at the top of the list".

Disability insurance - the physical work you do on your property every day soon becomes an up-hill battle if you were to become disabled.  Disability insurance will provide you with a monthly income if you're totally disabled and unable to work because of illness or injury.  It provides you with the ability to hire replacement labour to keep the farm ticking over.  Please note this is a summary of our disability cover, for more information you should contact FMG to speak to a Life Risk Advisor.

Life insurance - while it's not something everyone wants to talk about, life insurance is necessary to ensure your family can continue with their current lifestyle should you pass away.  It's a difficult time and the last surprise your family need is to find out the insurance that you thought was adequate, doesn't actually provide the right level of support for your family.  FMG offer life insurance products through a team of registered life risk advisors who can provide advice at a time that's convenient to you.  They'll go through the different options with you and recommend the best cover to meet your needs.

For more information visit www.fmg.co.nz, or call us on 0800 366 466 to find out more about our specialist insurance options for lifestyle farmers.