Wednesday, 01 August 2018 10:24

Insurance premium holiday for M. bovis farmers

Written by 
Adrian Riminton. Adrian Riminton.

Life insurance provider Fidelity Life says its special relief offer will help farmers deal with the financial impact of Mycoplasma bovis.

The company says customers who are suffering financial hardship due to the impact of the disease on their farms can apply to put their premium payments on hold for up to six months, without affecting their insurance protection.

Fidelity Life chief distribution officer Adrian Riminton says the company has a responsibility to look after its customers, particularly in tough times.

“Life insurance is all about being there for your customers when they need you. Efforts to eradicate mycoplasma bovis will likely see 126,000 cows culled over the next two years and many of our beef and dairy farmer customers will be concerned about the potential impact of mycoplasma bovis on their businesses.”

Farmers are already dealing with high debt levels, which is compounding the financial pressure, says Riminton.

In 2015 Fidelity Life made a similar offer to its dairy farmer customers who were hard hit by a fall in the farmgate milk price.

Riminton says beef and dairy farmers with Fidelity Life policies should contact their financial adviser for information about the offer.

“It’s important for farmers’ financial security - their families and their businesses - that they keep their insurance protection in place, even when times are tough. It’s also important for us to retain our customers, so this offer is a small thing we can do to help our farmer customers get through the crisis.”

More like this

M. bovis plan on track

New Zealand's world-first Mycoplasma bovis eradication programme is making great strides but this isn't the time for complacency, says Ospri.

M. bovis plan gets farmer backing

The Government’s plan to implement a National Pest Management Plan (NPMP) for Mycoplasma bovis has been well received by farmers.

Featured

Dr Mike Joy says sorry, escapes censure

Academic Dr Mike Joy and his employer, Victoria University of Wellington have apologised for his comments suggesting that dairy industry CEOs should be hanged for contributing towards nitrate poisoning of waterways.

People-first philosophy pays off

The team meeting at the Culverden Hotel was relaxed and open, despite being in the middle of calving when stress levels are at peak levels, especially in bitterly cold and wet conditions like today.

Farmer anger over Joy's social media post

A comment by outspoken academic Dr Mike Joy suggesting that dairy industry leaders should be hanged for nitrate contamination of drinking/groundwater has enraged farmers.

From Nelson to Dairy Research: Amy Toughey’s Journey

Driven by a lifelong passion for animals, Amy Toughey's journey from juggling three jobs with full-time study to working on cutting-edge dairy research trials shows what happens when hard work meets opportunity - and she's only just getting started.

National

Machinery & Products

JDLink Boost for NZ farms

Connectivity is widely recognised as one of the biggest challenges facing farmers, but it is now being overcome through the…

New generation Defender HD11

The all-new 2026 Can-Am Defender HD11 looks likely to raise the bar in the highly competitive side-by-side category.

» Latest Print Issues Online

Milking It

Buttery prize

OPINION: Westland Milk may have won the contract to supply butter to Costco NZ but Open Country Dairy is having…

Gene Bill rumours

OPINION: The Gene Technology Bill has divided the farming community with strong arguments on both the pros and cons of…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter