Liability covers the other guy. The farmer will have both personal and commercial liability exposures. The farm policy covers both. Think about the kinds of commercial liability the farmer might have. Bring some ideas to class.
1 comment:
Anonymous
said...
Liability on farm policy protects both for personal (slip & fall) + coverage if animals get out into road causing serious BI to people in veh.,liability for machinery & eq. damage to other people's property, sudden & accidental pollution (chemical tank spills in ditch when coming out of field into road & overspray of chemical to other people's property)
I am currently earning my Masters degree in Science of Insurance Management through Boston University.
I have been an underwriter for the last ten years. I have underwritten personal and commercial lines and currently underwrite Agribusiness risks for Michigan Millers Mutual Insurance Company.
I earned my Bachelors degree in Business Administration at Olivet College in 1995.
was an insurance agent for life, health, home, auto,insurance and annuities prior to attending Olivet College. As an agent, I also sold buy-sell agreements to small businesses. I earned my series 6 & 63 Securities licenses to be able to sell mutual funds and variable products.
I look forward to teaching at my Alma Mater. Go Comets!
1 comment:
Liability on farm policy protects both for personal (slip & fall) + coverage if animals get out into road causing serious BI to people in veh.,liability for machinery & eq. damage to other people's property, sudden & accidental pollution (chemical tank spills in ditch when coming out of field into road & overspray of chemical to other people's property)
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