Farming is a high risk industry, and income protection plans may have hooks and clauses that are not seen straight away.
Excerpts from a blog post on this topic.
"What is your plan of action likely to be if you were faced with a prolonged period of time off work? Here are soe questions to help you find the answers you'll need BEFORE you decide what to do with Disability Income for Farmers.
1) Do you own the farm?
2) Are you in a position to make a decision about selling or keeping the farm in the case of long term disability?
3) If you received a claim for Disability from an insurance provider, would you accept these restrictions?" See complete post by Neil Smith Insurance Adviser.
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