Agriculture Insurance

There’s no such thing as a fair-weather farmer. But while producers accept the potential of a drought or flood, they can mitigate the risks with comprehensive insurance. Lloyd Sadd offers solutions to help agri-businesses remain profitable in the face of worst-case scenarios like poor weather, theft, fire, equipment damage, or accidents.

Lloyd Sadd’s specialists understand that today’s agricultural industry is growing in diversity and complexity. That’s why we build customized insurance solutions that fit operations of all sizes (from small holdings to large estates) and trades (from beef and dairy to agricultural contracting).

New legislation in Alberta outlines greater protections for the health and safety of paid workers on ranches and farms but also makes agri-businesses more vulnerable to liability. Fortunately, our experts can find you the right insurance products to protect your business in the event of an adverse event on your property.

A variety of agriculture insurance options are available to farmers so they can receive compensation in the event of a poor season or catastrophic natural event:

• Risk Reduction with Crop Insurance: A key element of risk reduction for farmers is crop insurance.
• Crop insurance: is an important tool in managing financial risk associated with farming. It is intended to help farmers survive disasters and return to profitability, providing they purchase an adequate amount of protection.
• Livestock Insurance: The raising and farming of livestock can be just as risky as growing crops. You face the same kinds of challenges – fluctuating market prices, reduced yields (as in dairy farming), and the sickness or death of your animals. Livestock insurance can provide you with invaluable coverage in case of these kinds of challenges.
• Property and Casualty (P&C) Insurance: P&C insurance covers an agribusiness’s buildings and their contents — money and securities, accounts-receivable records, inventory, furniture, machinery and supplies when damage, theft, or loss occurs.

Farming may be unpredictable, but the right insurance plan can help your business grow — in any kind of weather.