Forestry
Forestry Insurance is the protection for Farmers for the loss of their growing investment as a result of abnormal weather events.
Perils:
- Windstorm,
- Fire,
- Lightning,
- Snow,
- Frost.
- Pest and Disease can be considered
Insurance Cover:
- Loss of Yield ( pulpwood, construction wood in m3 )
- Production costs ( for young plantations )
Sum Insured:
- Young Plantations valued at production costs,
- Medium aged plantations at productions costs and high percentage of commercial value,
- Mature plantations at commercial value