WoodlandCover

Forestry Insurance - Ireland - 091 562016

 Excellent value tailored to your forestry insurance needs

  red rule

Minister McEntee launches Prescribed Land Fire Burning Code - February, 2012  
 
 
 

Forestry Insurance Information   

WoodlandCover provides 3 categories of forestry insurance.

Want a quote now? To arrange cover with us download our proposal form and send it to us today.

 

1: Cover (for fire and special perils) for investment loss (loss of growth) is arranged as follows:

  • up to receipt of first grant on a reinstatement basis. Please be sure to specify on the proposal form if you require this cover.
  • next twenty years - on the basis of Averaged Specified Value, which is based on species, age, yield class and a discount rate (basically the investment loss due to delay in reaching harvesting age if the plantation was damaged by, for instance, fire). We can calculate the Specified Value once we have the basic data. 
  • thereafter - on the basis of Net Discounted Value.  

2: Cover for Reconstitution of Woodlands - replanting of your forestry investment following loss caused by fire or wind damage

Reconstitution/Replanting Cover is based on tables of indicative costs and varies with age and tree type (conifers/broadleaves). Indicative levels of cover are guide figures only. Your forest manager, being familiar with your property, is the best person to consider such matters and review the appropriate cover level. Insurers reserve the right to limit the level of cover.

3: Public Liability cover

Public Liability (PL) insurance indemnifies the insured in respect of any legal liability to pay damages as a result of accidental bodily injury and/or property damage to third parties arising in connection with the relevant business of the insured. Given that forests are generally accessible to the public it is advisable to have PL cover.

Some features of WOODLANDCOVER Insurance Scheme:

  • Low minimum premium, low policy excess, automatic renewal notice 
  • Optional cover for Reconstitution (replanting) costs 
  • Cover for Fire Brigade and fire fighting costs (subject to current limit) 
  • Cover level is related to the age, area and productivity of your forest - pay only for what you need 
  • Cover includes walls, gates or fences if they damaged in the same wind or fire incident 
  • Cover is available for Windblow when you need it 
  • Over twenty five years experience in the forestry area
  • Prompt and professional assistance with claims 
  • Payment options include cheque, credit card and PayPal* 
 
 
 

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