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Final Report Multi Peril Crop Insurance Task Force, Report To The Minister For Agriculture, Forestry And Fisheries, Multi Peril Crop Insurance Task Force
Final Report Multi Peril Crop Insurance Task Force, Report To The Minister For Agriculture, Forestry And Fisheries, Multi Peril Crop Insurance Task Force
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II. Objectives of the Multi Peril Crop Insurance Task Force
1. To report to the Minister for Agriculture, Fisheries and Forestry on the feasibility of introducing MPCI (drought and fro.) insurance for wheat and barley crops in Western Australia.
2. To examine the scope and design of potential insurance schemes and their desirability both from a fanning and insurance perspective.
3. To commission studies and actuarial assessments so that actuarially sound premiums can be determined, at the farm level if possible.
4. To ensure that any insurance scheme adopted at least covers the direct (cash) input costs of putting in …