New leaders for Insurance Council
The Insurance Council of New Zealand (ICNZ) has appointed a new president and vice-president.
Rural insurance company Farmers Mutual Group will have a wider presence at stock auctions and stud sales, according to FMG business development manager Hayden Dunne.
The insurer is offering non-renewing, short term insurance for bulls, rams, stags and other high value livestock.
Buying breeding animals is a big cost to farmers, especially when trying to build up strong genetics, says Dunne. The dangers of mishaps are often costly.
“Farmers can easily pay up to $10,000 for some animals. If you pay good money it’s important to have them protected; cover also includes transit to get them home safely.”
Dunne says this is especially important if a farmer only has one or two bulls as mishaps are likely to have an increased negative effect at mating time.
FMG has a range of cover options available from transit + 30 days, right through to 12 months to protect farmers’ outlay should an animal die as a result of accident, disease or illness.
Dunne says cover for intentional slaughter when infertility results from an accident disease or illness is also included.
“We’d need to get a vet to examine the animal, but if it is proved to be not capable of reproduction we will compensate farmers for the amount insured less the slaughter value at the works.”
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Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.