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Farm Insurance Articles

Investing in Your Farm's Legacy: Estate Planning and Farm Insurance Combined
Investing in Your Farm's Legacy: Estate Planning and Farm Insurance Combined
Farming is much more than an occupation; it's a way of life and a heritage that often spans generations. In today's ever-evolving agricultural landscape, embracing modern practices while preserving your farm's future has never been more crucial. Estate planning emerges as a pivotal strategy for safeguarding your agricultural legacy, ensuring that your hard-earned investments and the land you hold dear are passed on according to your wishes. - read more
The Modern Farmer's Checklist for Assessing Farm Equipment Insurance Needs
The Modern Farmer's Checklist for Assessing Farm Equipment Insurance Needs
As the backbone of Australian agriculture, farm equipment plays an essential role in day-to-day operations across our expansive and diverse landscapes. From the vast wheat belts to the tropical fruit farms, machinery ensures efficiency and productivity in the face of constant challenges. But with reliance on such equipment comes significant risk—the financial burden of damage or loss can be devastating to a farmer's livelihood. - read more
Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
Agroforestry is a transformative approach to land management that integrates trees into agricultural landscapes. In Australia, where farmers contend with variable climates and environmental challenges, agroforestry offers a resilient pathway to productivity and sustainability. - read more
Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
Welcome to the first steps in future-proofing your farming legacy. When we think about the hustle and bustle of daily farm life, it's easy to overlook the critical importance of estate planning. For the Australian farmer, estate planning is not just a matter of securing your assets; it's about ensuring the survival and progression of your hard-earned labour to the next generation. - read more
Insurance for Hobby Farms: Finding the Right Coverage
Insurance for Hobby Farms: Finding the Right Coverage
Hobby farming has become increasingly popular in Australia, with many individuals and families embracing the joys of growing their own produce, raising livestock, and enjoying a rural lifestyle. Whether it's a small vegetable garden, a few chickens, or a larger mixed farming operation, hobby farms offer both relaxation and a connection to nature. - read more
Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
Welcome to the world of farming, where the fruits of your labor are as tangible as the soil you till. But just as the land is subject to the whims of nature, so too is the business of agriculture. This is where farm insurance becomes essential. Farmers face a set of challenges and uncertainties unlike any other industry, primarily due to the unpredictable forces of weather. - read more
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
In the dynamic world of Australian agriculture, farm equipment plays a crucial role in the day-to-day operations of farms. From tractors to harvesters, having the right machinery means managing your farm more efficiently. However, the high value of this equipment makes it essential to protect it adequately through insurance. - read more
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
Farming, at its core, is an enterprise fraught with uncertainty. Weather calamities, pests, diseases, and fluctuating market conditions can all impact the output and quality of produce. This is where crop insurance proves its worth, serving as a safety net for farmers against the myriad risks they face each season. - read more
How to Safeguard Your Farm: A Guide for Australian Farmers
How to Safeguard Your Farm: A Guide for Australian Farmers
Farming is inherently risky. With factors like weather, pests, and market fluctuations affecting crops, it's crucial to manage these risks effectively. - read more
Protecting Your Herd: The Aussie Farmer's Guide to Livestock Insurance
Protecting Your Herd: The Aussie Farmer's Guide to Livestock Insurance
For Australian farmers, livestock is more than just a vital asset; it's the heartbeat of their livelihood. In a land where the sunburnt plains are as relentless as they are beautiful, protecting your herd isn't just a duty; it's a necessity. That's where livestock insurance comes into play—a shield against the unpredictability of Mother Nature. - read more

Insurance News

Cover-More and Aon Forge New Travel Insurance Partnership in Australia
Cover-More and Aon Forge New Travel Insurance Partnership in Australia
29 Apr 2026: Paige Estritori
In a significant development for the Australian travel insurance market, Cover-More, a subsidiary of Zurich's Cover-More Group, has entered into a strategic partnership with global brokerage firm Aon. This collaboration designates Cover-More as the exclusive provider of travel insurance products to Aon's Australian retail customers and employees. - read more
ATIA Intensifies Efforts to Secure Permanent Travel Insurance Sales Rights
ATIA Intensifies Efforts to Secure Permanent Travel Insurance Sales Rights
29 Apr 2026: Paige Estritori
The Australian Travel Industry Association (ATIA) is actively campaigning to secure the permanent right for travel agents, tour operators, and accredited travel businesses to sell travel insurance at the time of booking. This initiative follows an exemption granted in 2021, which is set to expire in October 2026. - read more
SCTI Highlights Increase in Domestic Travel Insurance Claims and Coverage Gaps
SCTI Highlights Increase in Domestic Travel Insurance Claims and Coverage Gaps
29 Apr 2026: Paige Estritori
Southern Cross Travel Insurance (SCTI) has reported a significant increase in domestic travel insurance claims, shedding light on the existing coverage gaps among Australian travellers. In the first eight and a half months of 2025, SCTI settled over $240,000 in claims related to local and interstate trips. - read more
Navigating Premium Affordability and Cybersecurity: Key Challenges for Australian Insurers in 2026
Navigating Premium Affordability and Cybersecurity: Key Challenges for Australian Insurers in 2026
29 Apr 2026: Paige Estritori
In 2026, Australian insurers are grappling with significant challenges, notably premium affordability and cybersecurity threats. Gallagher Bassett's annual industry survey sheds light on these pressing issues, revealing a shift in insurer priorities amid evolving market dynamics. - read more
Australian Commercial Insurance Rates Experience Significant Decline in Q1 2026
Australian Commercial Insurance Rates Experience Significant Decline in Q1 2026
29 Apr 2026: Paige Estritori
The Australian commercial insurance sector has witnessed a notable 12% decline in rates during the first quarter of 2026, as reported by Marsh's Global Insurance Market Index. This marks the seventh consecutive quarter of rate reductions, reflecting a sustained trend in the market. - read more
Australian Insurers Achieve $5.2 Billion Profit in 2025 Despite Weather-Related Losses
Australian Insurers Achieve $5.2 Billion Profit in 2025 Despite Weather-Related Losses
29 Apr 2026: Paige Estritori
In 2025, the Australian general insurance industry demonstrated resilience by achieving a profit after tax of $5.2 billion, according to KPMG's annual review. This solid performance comes despite a decrease from the $6.2 billion profit recorded in 2024, primarily due to multiple weather events impacting the sector. - read more
Ocean Underwriting Introduces Tailored Liability Solutions for High-Risk Occupations
Ocean Underwriting Introduces Tailored Liability Solutions for High-Risk Occupations
29 Apr 2026: Paige Estritori
Ocean Underwriting has unveiled a new facility designed to support complex or hard-to-place liability risks, particularly targeting higher-hazard occupations with unique exposures. This initiative aims to provide tailored insurance solutions that address the specific needs of businesses operating in challenging sectors. - read more
Surge in Professional Indemnity Claims Hits Financial Services Sector
Surge in Professional Indemnity Claims Hits Financial Services Sector
29 Apr 2026: Paige Estritori
The financial services industry is currently experiencing a significant uptick in professional indemnity (PI) claims, a trend largely attributed to heightened regulatory scrutiny and enforcement actions by the Australian Securities and Investments Commission (ASIC). This development has substantial implications for financial professionals and their insurers. - read more
ICA Advocates for Overhaul of Civil Liability Laws Amid Rising Insurance Costs
ICA Advocates for Overhaul of Civil Liability Laws Amid Rising Insurance Costs
29 Apr 2026: Paige Estritori
The Insurance Council of Australia (ICA) has recently highlighted the pressing need for reforms to civil liability laws, citing outdated legislation, escalating legal costs, and bureaucratic red tape as primary contributors to the rising insurance expenses faced by small businesses across the nation. - read more
Significant Decline in Australian Commercial Insurance Rates in Early 2026
Significant Decline in Australian Commercial Insurance Rates in Early 2026
29 Apr 2026: Paige Estritori
In the first quarter of 2026, Australian commercial insurance rates experienced a notable decline of 12%, mirroring the decrease observed in the previous quarter. This trend, highlighted in Marsh's latest Global Insurance Market Index, underscores a period of sustained rate reductions in the Pacific region, predominantly led by Australia. - read more

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Knowledgebase
Whole Life Insurance:
A type of life insurance that provides coverage for the insured's entire lifetime, with a savings component that builds cash value.