Debate on multi-peril crop insurance pricing

THE MANAGER of multi-peril crop insurance (MPCI) business Latevo says suggestions MPCI in Australia is too expensive are ill-founded.

Andrew Trotter said his company’s rates last year of around $15 a hectare in many Australian cropping zones compared favourably with premiums on offer in places such as the US, where there is a significant government subsidy for MPCI in place.
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Publication: Farm Online
Date: 28 June 2017

By Gregor Heard