Farmers Insurance
As a primary producer, such as a farmer, horticulturalist or viticulturalist, your livelihood depends on your ability to work. So if you or a key person in your business is suddenly taken out of the equation through illness or accident, how would your business continue to generate enough revenue to provide for you and your family?
The solution is AIA Farmers' Revenue Protection Cover.
Farmers Insurance
- AIA Farmers' Revenue Protection Cover
Protecting your farm business and your livelihood.
AIA Farmers' Revenue Protection Cover has been designed specifically to meet the unique needs of farmers. It provides a fixed monthly income for up to two years to help keep the farm running if the farmer or key person is unable to work because of illness or accident.
The money can be used for any purpose – to pay expenses, hire temporary staff or buy new equipment for instance. What's more, the amount you get won't be reduced by any other insurance benefits you may receive, like ACC or other income protection benefits.
It's a financial safety net to ensure your farm can continue even if you're not around.
Please refer to the relevant policy document for full details of the insurance contract and the terms, conditions, limitations and exclusions that may apply.
- Guaranteed renewable to age 65
- Cover of up to $10,000 a month
- Benefit is paid monthly in advance
- Premium waived while a benefit is paid
- Worldwide cover
If you or a key person on your farm is sick or injured and can’t work for an extended period of time, AIA Farmers’ Revenue Protection Cover will pay your farm a fixed monthly income of up to $10,000 for up to two years to help keep your farm running.
- Cover of up to $10,000 a month
- Benefit paid in advance each month
- Choice of waiting periods: 4, 8 or 13 weeks
- Use the money how you like
- Premiums waived while a benefit is being paid
- No reduction in payments if you’re also receiving ACC or other income protection benefits.
With our Farmers’ Revenue Protection Cover, you’ll also receive a recurrent disability benefit, so if the same disability or illness occurs within 12 months the waiting period is waived for the second episode.
Contact us now to find an AIA Insurance Adviser near you.
| Qualifying age | 16 – 54 years of age* |
|---|---|
| Duration of policy | Policies are annually renewable to age 65 |
| Benefit periods | 2 years |
| Cover limit | $10,000 per month |
| Waiting periods | 4, 8 or 13 weeks |
| Premium options | 1 year |
*Individual consideration will be given to ages outside this range.