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Investors in Elders Forestry, APT and ABG projects are offered the opportunity to insure their plantations on an annual basis, subject to appropriate insurance being available.
Cover is currently available against fire (including bushfire) and windstorm.
The cost of insurance and the nature of the cover available is determined on an annual basis and will be determined by the state of the insurance market at the time the cover is sought. The cost of insurance is borne by the investor, and will increase over the life of the Projects to reflect the higher insured values of the trees as they grow. As well as the increase directly related to the higher insured value, the insurer may increase the rate at any annual renewal.
Elders Forestry has released details of Plantation Insurance available through Elders Insurance Limited for the 2009-10 insurance year.
View a copy of the 2009-10 insurance Policy Summary
All insurance enquiries can be directed to Elders Forestry Investor Services on 1800 999 190 or by emailing is@eldersforestry.com.au |
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