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For Australia’s nursery and greenlife businesses, hail is not a matter of if, but when. And when it strikes, the financial impact can be immediate and severe.
In keeping with our commitment to delivering specialist insurance solutions tailored to the nursery industry, Nursery & Greenlife Insurance now offers access to an internationally acclaimed stand-alone Nursery Hail Insurance product, designed to provide certainty when you need it most.
A Different Approach to Hail Protection
Unlike traditional insurance policies, this innovative product is structured to deliver a guaranteed lump sum payout if a qualifying hail event occurs at your premises.
There is:
- No requirement to prove physical damage to stock or any other property
- No lengthy loss assessments
- No excess applied to claims
- Fast, objective claim determination
Instead, payment is triggered purely by the recorded size of hailstones at your insured location.
How It Works
This cover operates as a stand-alone policy, independent of your existing property insurance program.
If a hailstorm occurs:
- On-site hail sensor technology records each hailstone impact
- The system measures and calculates stone size in real time
- The event intensity is independently verified
- If hailstones exceed 3 centimetres, a pre-agreed payout is triggered
No payment is made for hailstones under 3cm.
This means your business receives an agreed payout based solely on measurable event data — not on assessed damage.
Example of Claim Payout
(Based on an agreed Sum Insured of $1,000,000)
| Hailstone Size | Payout |
| < 3.0 cm | No Claim |
| 3.0 – 3.5 cm | $200,000 |
| 3.5 – 4.0 cm | $400,000 |
| 4.0 – 4.5 cm | $600,000 |
| 4.5 – 5.0 cm | $800,000 |
| > 5.0 cm | $1,000,000 |
The larger the hailstone, the greater the payout, up to the full agreed sum insured.
Why This Matters for Nurseries
This product provides:
- Immediate liquidity following a major hail event
- Certainty of outcome
- Protection for vulnerable growing stock
- Confidence in seasonal risk planning
If hail risk is a concern for your business, and for most nurseries, it is, this new solution may provide the financial certainty your operation needs.
Contact Nursery & Greenlife Insurance to learn more about securing stand-alone Hail Protection today.
Disclaimer: Information presented should not be considered as an offer of insurance, an advice or a recommendation as it does not take into account the particular circumstances of the prospective insured. The cover carries the risk that the trigger index may not be perfectly correlated with the underlying risk exposure. This may result in uncovered loss.
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