Natural Disaster Insurance
Bushfire, Flood, Cyclone and Drought Insurance Solutions for the Nursery & Greenlife Industry
The nursery and greenlife sector is highly exposed to weather volatility, where a single event can impact:
- Plant stock and growing media
- Shade houses, tunnels, and irrigation systems
- Production cycles and future revenue
- Access, logistics, and customer demand
Our range of Natural Disaster Insurance Policies insurance provide fast, pre-agreed financial support when defined weather events occur—without the need to prove physical damage.
There is no requirement to prove physical damage has occurred; If the trigger is met, the payout is made.
Bushfire – Claim payments are based on proximity of fire to insured property boundaries
Why it matters
- Nurseries are often located in peri-urban or regional areas exposed to fire
- Even without direct damage, operations may be halted due to access restrictions or smoke impact
- Stock losses and business interruption can be significant
Payout Trigger
- Triggered when a bushfire enters a defined radius around the insured location
- Measured using satellite imagery
Claim Payout Example
Fire Proximity Payout
Within 100 metres Up to 100% of Limit Outside 100 metres No Claim
Example Calculation
- Limit: $10,000,000
→ Payout: $10,000,000
Summary
Provides certainty and immediate funding when fire risk escalates to a critical level.
Flood & Saturation – Claim payments are based on more rainfall than expected
Why it matters
- Waterlogging damages root systems and plant health
- Access to nurseries can be restricted
- Sales and dispatch are disrupted
Claim Payout Trigger
- Based on 7-day cumulative rainfall
- Payout increases as rainfall accumulates
Payout Example based on agreed Sum Insured $1,000,000
Rainfall Payout
400mm $0
420mm $200,000
Each further 20mm + $200,000
Above 500mm $1,000,000
Summary
Delivers rapid cash flow following heavy rainfall, supporting recovery, replanting, and operational continuity.
Cyclone – Claim payments are based on windspeed and distance from insured property
Why it matters
- High winds can damage greenhouses, shade houses, and plant stock
- Extended disruption impacts production cycles and supply contracts
- Clean-up and recovery costs can be substantial
Claim Payout Trigger
Based on:
- Distance of cyclone track
- Sustained wind speed
Payout Bands (Limit: $15,000,000)
Band Wind Speed Payout
Within 50km Greater than 120 km/h $500,000
Within 25km Greater than 140 km/h $750,000 Within 25km Greater than 160 km/h $1,000,000
Summary
Provides scaled financial protection as cyclone severity increases, supporting rapid recovery.
Drought – Claim payments are based lower rainfall than expected
Why it matters
- Water restrictions and low rainfall reduce plant growth and saleability
- Increased reliance on irrigation drives higher operating costs
- Long-term production cycles are disrupted
Claim Payout Trigger
- Triggered when rainfall falls below 50mm over the insured period
- Payout increases as rainfall decreases
Payout Example based on agreed Sum Insured $1,000,000
Rainfall Level Payout
Below 50mm No Claim
48–49mm $40,000
Each further shortfall +$40,000 per 1%
25mm or less $1,000,000 (Max)
Summary
Provides working capital support during dry periods
Natural Disaster Insurance Key Benefits
- Immediate Liquidity → Maintain operations after an event
- No Loss Assessment Delays → Faster recovery and decision-making
- Covers Gaps in Traditional Insurance → Including stock, infrastructure, and income disruption
- Supports Business Continuity → Funding for replanting, labour, and repairs
- Customisable → Designed around specific crops, locations, and risk exposures
Overall Summary
Natural Disaster insurance provides the Nursery & Greenlife industry with a modern, practical solution to climate risk, delivering:
- Protection against hail, bushfire, flood, cyclone and drought
- Fast, reliable payouts when they are needed most
- Greater financial certainty in an increasingly volatile environment