Frequently Asked Questions

Latevo Farm Income Protection

Are there payment plans available?
Latevo Farmers Mutual Farm Income Protection three payment options available including a periodic payment plan and harvest terms.  Learn more on our Payment Options page.
  • Option 1: Pay Now – pay your full protection fee immediately and receive a 7.5% discount.
  • Option 2: Monthly Instalments – pay your protection fee by equal monthly instalments between now and 30 January 2021 and receive a 2.5% discount. Payment must be made by direct debit.
  • Option 3: Harvest Payment Terms – pay your full protection fee after harvest. Payment must be received by 30 January 2021.  You must confirm in writing that you will pay by 30 January 2021.
Is there a fee for the Latevo Income Assessment?

No, there is no fee to complete your Latevo Income Assessment.

In previous years a one-off fee was charged for the first year of protection.  Subsequent years for returning growers, the Latevo Income Assessment was done at no charge to the grower.   In 2020 Latevo Farmers Mutual have made operational changes that have allowed the assessment fee for new clients and returning clients to be completed at no direct cost to the grower.  Agri-Analytics will still do this calculation to maintain the independence of the assessment.  The procedures and the outcomes from the assessment will remain the same. 

You need to complete the assessment to be eligible for Category 2 and 3 which involves analysis from the previous five production years as well as your estimate for the upcoming season.

What crops can be protected?
  • Wheat
  • Barley
  • Canola
  • Lupins
  • Chickpeas
  • Lentils
  • Faba Beans
  • Field Peas
  • Vetch
  • Linseed
  • Triticale
  • Oats
  • Hay
  • Rye
What is Latevo Crop Monitor?

Latevo Crop Monitor is the online platform that will display your Adjusted Growing Season Rainfall, which will be used in the underwriting process to help determine the category of cover you will be offered.

What is the EVI Value?

The EVI or Enhanced Vegetation Index is the the index that measures the vegetative growth in a paddock. The value is measured every day and is recorded in Latevo Crop Monitor.

Which perils are protected against?
  • Drought
  • Water Stress
  • Flood
  • Hailstones
  • Wind
  • Frost
  • Lightning
  • Excessive Rain
  • Heat Stress
  • Snow
  • Hurricane
  • Cyclone
  • Tornado
  • Wildlife
  • Wandering Livestock
  • Residual Herbicides
  • Grain Hedging Losses
  • Accidental Fire
  • Bushfire
  • Chemical Overspray
  • Accidental Herbicide Application
  • Weed Infestation (out of reasonable control)
  • Insect or Pest Manifestation (out of reasonable control)
  • Plant Disease (out of reasonable control)

Latevo Farmers Mutual

Are the Latevo Farmers Mutual Board members paid a fee?

The Director of the Latevo Farmers Mutual Board will receive a nominal fee.  All other board members are voluntary.

Meet the Latevo Farmers Mutual Board

Does Latevo Farmers Mutual have reinsurance?

Latevo Farmers Mutual is internalising all risks for 2019 and do not have reinsurance.  The global reinsurance market is prohibitively expensive and by internalising the risks we can ensure our members are offered risk protection at an affordable price.

The Members of LFM will use their combined resources to fund the Protection and other costs.  The combined resources of LFM as collected from all Members effectively funds the payment of claims by the Mutual.

What are the administration costs?

The administration costs of running Latevo Farmers Mutual will be less than 30% (dependant on the size of the program).


Spring 2019 Roadshow

Andrew Trotter, Latevo Farmers Mutual Founder & CEO, explains the difference between a traditional insurer and a mutual. Latevo Farmers Mutual is built by farmers for farmers.
Protecting your crop income is about so much more than protecting your farm. Tintinara Farmer, David Head, is a passionate advocate for rural mental health and he joined us on our SA Spring Roadshow this month to share his story. David talks about his story and the pressure farmers place on themselves, their families and how we can change that.
Tintinara Farmer, David Head, is a passionate advocate for rural mental health and he joined us on our SA Spring Roadshow this month to share his story.
Protecting your crop income is about so much more than protecting your farm. David talks about the flow on affect to the rural communities that support their local farmers.
Tintinara Farmer, David Head, is a passionate advocate for rural mental health and he joined us on our SA Spring Roadshow this month to share his story.
Protecting your crop income is about so much more than protecting your farm. David talks about his story and the pressure farmers place on themselves and their mental health.
Anthony Violi from AV Weather talks about the frost risk for Australian grain growers for Spring 2019.
Did you know that volcanoes have an impact on global weather? Anthony Violi from AV Weather explains the impact of recent volcanic activity on Australia’s spring 2019 rainfall.


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