Agricultural Insurance and Risk Management

Overview

Farmers must practice good management, including risk management techniques like exposure avoidance, loss control, contractual risk transfer, retention, and insurance. This course covers risk management for farmers, including farm property, liability, livestock, umbrella coverage, commercial farm products, and crop insurance.

Learning Objectives

  • explain how the evolving demographics of US farms can change the need for various types of coverages
  • master key techniques to manage farm risks and understand how they can be combined.
  • discover how various ISO farm property policies protect traditional farms and fill coverage gaps.
  • understand which ISO farm liability insurance products are best suited for the various types of agricultural risks to third parties
  • explain what types of farm-related risks are best covered under the ISO agricultural capital assets coverage form
  • identify and classify the various property and liability coverages offered by the AAIS farmowners program
  • explore different AAIS farm product coverages and which suit specific agricultural risks.

Designed For

Property and casualty insurance agents, risk, safety, and finance professionals
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

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