Comprehensive car insurance, life insurance and income protection products are all designed for when the worst strikes, but few farmers are covered for when the rain dries up.
That is why farming groups, including the National Farmers Federation and Grain Growers, will use tomorrow’s Drought Summit in Canberra to call for tax incentives to entice more farmers to take out multi-peril crop insurance (MPCI).
Publication: ABC News
Date: 25 October 2018
By Clint Jasper