Responding to the impact of Mycoplasma Bovis on New Zealand farms, Partners Life will provide a premium holiday to effected farmers.
The insurer stated usual terms and conditions apply; proof that the farm has been quarantined by MPI is required; and once approved, the premium holiday will end after six months or when the quarantine is lifted, whichever comes first.
It is also extending the premium holiday covered in the event of M. Bovis to existing Business Protection Plan policies, until 31 December 2018.
Those eligible include:
- Farm Owners
- Sharemilkers and contract milkers who have 25% or greater ownership stake in the herd
- Others by individual consideration
Fidelity Life last week announced its own offer to effected farms of M. Bovis (see: Fidelity Life Announces Special Offer).
Medscreen Paramedical Services
Partners Life also confirmed it has now made Medscreen Paramedical Services available for all clients who have difficulty travelling to visit a doctor or lab.
“From now on our underwriters will be able to order paramedical services, where required, at our cost,” the insurer stated in an update to advisers.
“We do understand that it is preferable for many clients to simply go to their local blood lab when they have some free time, rather than pre-arranging a house or work visit, so we will default to the standard process unless you specifically request it with the client’s application.”
To qualify, applications (new business or increase) must have new annual premium income (API) of at least $1,800 per year.