RURAL PLANNING IS ABOUT MANAGING YOUR RISK AND HAVING SUITABLE RURAL INSURANCE FOR YOUR FARM
Rural planning is essential for safeguarding your livelihood and ensuring the continuity of your farming operation. At RIVAL Wealth, we understand the unique challenges faced by rural businesses and offer tailored advice to meet your specific needs. Our comprehensive financial plans recommend solutions for ACC options and rural insurance to key person cover, ownership and debt protection, ensuring you have what you need when it matters most.
How to plan for the future?
Look at family agreements, which are legal documents that establish clear instructions on what to expect in the event of your retirement or if something should happen to you. Check out our handy tips about succession planning here.
Should my farm be in a Trust?
Trusts can often be a complicated subject and some people may find it difficult to make decisions about what will happen to their family farm as they get older. Talk to our advisers about your goals and objectives for your farm.
Accidents do happen!
It’s important to have the right rural insurance cover for your farm and review it on a regular basis. Get in touch with our General Insurance team as they are here to help and have the added bonus of a dedicated claims expert.
Take the stress out of farm succession and talk to our friendly experts
One of the most frequently asked questions we get is about succession planning – how do you create a comfortable retirement from the farm, yet still leave a working asset for your children to take over? We offer solutions and options you may not have thought of and give you practical advice which often takes the emotion out of some of the decisions you need to make.
In 2020, there were 22,796 farm-related injury claims accepted which came at a cost of $84 million to help people recover.
Source: Acc Stastics May 2011
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