Protecting your Investment
Plantation trees are valuable, and become more so over their lifetime. Recognising this, most private forest growers insure their trees against fire, windstorm and other selected perils.
Forest insurance is a specialised service offered by only a few insurers. The insurance market is cyclical. When there is surplus underwriting capacity, insurance is easy, to obtain and rates fall. At other times, insurers withdraw capacity, and premiums rise. The effects of this market cycle can be exaggerated by the fact of there being so few insurers.
In such a climate, choosing a forest insurer can be risky, unless a grower is choosing a well-established scheme with a reputable underwriter of longstanding.
Insurance Contact Information
The IFA/AFG have identified and appointed PSC Insurance Brokers
as our partner to assist members to secure Plantation Insurance. We encourage all members seeking Plantation Insurance to make contact with PSC. Their contact details are:
PSC Insurance Brokers
(AFS Licence No. 305491)
Account Manager: Justin O'Keefe or Managing Principal, Caroline Jackman
PO Box 7476, Cloisters Square PO, WA 6850
P: (08) 9382 7843
M: 0427 176 107
PSC have extensive experience in Plantation Insurance cover, and they have been able to identify a short-term solution in 2021 for IFA/AFG members with Rural Affinity. PSC also have the required relationships with the London underwriting markets which will enable us to work on an alternative insurance solution for future years.
If you would like PSC to provide you with a quote, complete the below proposal and email to firstname.lastname@example.org.
Rural Affinity - Proposal
Rural Affinity - Policy Wording