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Latevo is back in the MPCI business

Posted March 23, 2018March 25, 2018 admin

After a year of not offering multi-peril crop insurance (MPCI) policies, Latevo is back to the MPCI market with a new offering.
Read more…

Publication: Insurance Business Australia
Date: 23 March 2018

By Mina Martin

⟵Latevo reboots crop insurance with three-tiered cover

Case for crop insurance mounts in crippling NSW drought⟶

Want to learn more?

Click here to learn more about Latevo

Download the Latevo App

There are 3 steps you need to undertake to be eligible for a Latevo category 2 or 3 offer:

STEP 1

Complete the Latevo Income Assessment

STEP 2

Complete a Latevo Management Assessment. This is an assessment of your business management, based on the information you have provided, including a production (agronomist) plan and grain marketing plan

STEP 3

Assessed on your adjusted growing season rainfall and to proceed your adjusted growing season rainfall must be within your nominated variance of your average adjusted growing season rainfall (varies on geographic location)

You can learn more about Latevo here:

Information Flipbook
Latevo Model Overview
How Latevo benefits farmers – video
ABARES Outlook Conference – video

Latevo offers cover for winter crops:

Wheat
Barley
Canola
Lupins
Chickpeas
Lentils
Faba Beans
Field Peas
Vetch
Linseed
Triticale
Oats
Hay
Rye

A Latevo policy covers loss or damage as a result of the occurrence of one or more of the following perils:

Drought
Water Stress
Flood
Hailstones
Wind
Frost
Lightning
Excessive Rain
Heat Stress
Snow
Hurricane
Chemical Overspray
Cyclone
Tornado
Accidental Fire
Bushfire
Wildlife
Wandering Livestock
Weed Infestation
Insect or Pest Manifestation
Plant Disease

Publication: Insurance Business Australia Date: 23 March 2018