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Martin O’Sullivan: How to get your farm insurance in order

Your policy needs a regular check-up — you don’t want to be paying too much or run the risk of being under-insured

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Balance: Over-paying for insurance is simply poor financial management. But being under-insured could have serious ramifications.

Balance: Over-paying for insurance is simply poor financial management. But being under-insured could have serious ramifications.

Insurance cover

Insurance cover

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Balance: Over-paying for insurance is simply poor financial management. But being under-insured could have serious ramifications.

When the annual farm insurance policy renewals notice comes in the door, many of us simply pay the amount due and never question whether the policy is still fit for purpose.

We could be paying too much because there are more competitive providers in the marketplace, or we could be paying too little because we are under-insured.


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