Invest in security on your farm

Invest in security on your farm

Relatively simple cameras can offer safety and security

Many farmers can tell stories of break-ins, stolen vehicles or stolen fuel. This trend isn’t only anecdotal: crime rates are going up in rural areas. According to Statistics Canada, 21 per cent of crime in 2017 took place in rural areas, with rates of violent crime 63 per cent higher in rural communities than urban […] Read more

A CRMS helps you maximize production capabilities, and make better agronomic and weather-related decisions

Building a crop risk management strategy

A crop risk management strategy is your plan to protect your farm from unexpected loss

What is a crop risk management strategy? It’s a fancy name for what do you do on your farm to protect yourself from production and/or revenue loss. What do you use as part of a CRMS? Crop insurance, AgriStability, hail insurance, Global Ag Risk Solutions (revenue protection insurance), Just Solutions (business interruption insurance), or maybe […] Read more


Life insurance statement

Three farm insurance Q and As

Life insurance and loan insurance is expensive. Get your money’s worth

There are always outstanding questions about how farmers can use insurance, either as part of a succession plan or just a part of doing business. Here are three questions and answers. Will my family have to pay taxes? When you die, will your family have to pay taxes on your assets, as well the proceeds […] Read more

Farm Financial Planner: Life insurance backs succession plan

A widow uses insurance products to assist her son and plan a legacy for her daughter

A couple we’ll call Martha, 60, and Max, 61, farmed in south central Manitoba for four decades. They grew an original 640 acres into 2,400 acres they own personally and through their corporation, and then added another 4,000 acres, which they rent. A son, Ernest, in his mid-30s, has been part of the operation for […] Read more


Life insurance: defining our terms

Financial Planning: Term life. Whole life. Define your problem to choose the best plan for your farm

Life insurance often gets a bad rap. You know the stereotype: pushy salesperson trying to get you to buy something you think you don’t want or need. But for farmers and farm families, life insurance can be important for short-term needs and long-terms goals. Let’s start with laying out the definitions: term life insurance versus […] Read more

Life insurance as the key to farm succession

Farm Management: A solidly developed life insurance policy could be the key to hassle-free planning

Farmers often have something not all non-farmers have: the desire to see their lifelong work continued. Ideally, the next generation will take over, though maybe only one of your kids will stay on the farm. Land values have skyrocketed in the last 30 years and many farmers’ net worths are caught up in land values […] Read more


(FarmersEdge.ca)

Farmers Edge to use data to edge into insurance sector

Farmers Edge has signed a four-year agreement with global reinsurance company PartnerRe to bring precision farming technology together with ag insurance. Under the agreement announced this week, the two companies plan to work together to develop new insurance products for the agricultural market. While Canadian farmers have access to government-run, subsidized crop insurance programs, as […] Read more




(Quinoa.com)

CCGA cash advance applications out early

Among other changes to the program, applications are available earlier this year for spring cash advances through the Canadian Canola Growers Association (CCGA). The CCGA on Thursday announced it’s now accepting applications for the 2017-18 advance payments program (APP), which offers cash advances on 45 different crop and livestock commodities. The CCGA is the administrative […] Read more