Farming’s a risky game, especially when you’re choosing an insurance provider. Here’s Global Ag Risk Solutions’ top 5 things to keep in mind in this year:

1. Insurance has changed

Other traditional insurance products available for most farmers just aren’t enough. You need an insurance product that allows you to get on with what you do best and pays out fast when times get tough. There’s no need to settle for less when virtually every farmer out there is eligible for coverage from Global Ag Risk Solutions.

Global Ag Risk Solutions guarantees that a claimant, who submits the correct documentation, will receive 60% of their payment as quickly as possible, with the remaining balance paid out once everything is finalized.

2. Cover more

We’ve seen firsthand how tough managing risk in today’s industry can be. That’s why we created Production Cost Insurance (PCI). It’s the first private crop insurance of its kind, anywhere. It’s not unique in the things it covers; there’s government subsidized crop insurance that covers similar things. The uniqueness of PCI is that it covers them all, at the same time, in a single insurance product.

With Production Cost Insurance, you’re covered for everything you put in the ground, no matter the extra cost. Your three major inputs; fertilizer, seed and chemicals are covered, plus an additional amount per acre. As your input costs increase over the year, so does your coverage, with no effect on your premium.

3. Trust your instincts

With thorough insurance coverage, you’ll be able to trust your farming instincts and get back to producing the way you want. Ever wanted to straight-cut canola? Or spray a second pass of fungicide? Global Ag Risk Solutions has your back. Production Cost Insurance encourages good farming, by giving you the confidence to make the right choices for your crop.

4. Get a product that’s tailored to you

You may be thinking, “what’s the catch?”, how can Global Ag Risk Solutions cover all these inputs and keep your premium down? We cover all your expenses–on fertilizers, chemicals and seed–because we trust your farm management abilities.

What’s more, we personalize the PCI product to individual farms, based on gross margin. Premiums are developed from your financial history and coverage level is based on what you actually spend on seed, fertilizer & chemicals plus the revenue above that the farmer chooses.

5. Have confidence in your insurer

You wouldn’t trust your insurance coverage to just anybody. Global Ag Risk Solutions is backed by Northbridge General Insurance Corporation, a major Canadian insurer and subsidiary of Northbridge Financial Corporation. Northbridge Financial Corporation is a leading commercial property and casualty insurance management company, having assets of $5.6 billion and overseeing $1.3 billion in annual premiums. They’re also a 100% Canadian company, wholly-owned by Fairfax Financial Holdings Limited.

After your claim is reviewed by Northbridge Financial Corporation, it‘s passed on to our book of world reinsurers for payment. All counterparties have a minimum “A” rating by both the S&P and AM Best so you can feel safe in knowing that your claim check will be covered.

For more information, call one of our advisors today on 306-704-GARS (4277). Or fill out our contact form.