FARM INSURANCE POLICY REVIEW CHECKLIST

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--- POLICY DETAILS VERIFICATION ---
[ ] Policy Number
[ ] Insured Name
[ ] Policy Effective Date
[ ] Policy Expiration Date
[ ] Premium Amount
[ ] Agent/Broker Name
[ ] Notes/Comments on Policy Details

--- COVERAGE LIMITS REVIEW ---
[ ] Building Coverage Limit
[ ] Equipment Coverage Limit
[ ] Livestock Coverage Limit
[ ] Crop Coverage Limit
[ ] Liability Coverage Limit (per incident)
[ ] Business Interruption Coverage Limit
[ ] Sufficient Building Coverage? (Yes, No, Unsure)

--- PROPERTY COVERAGE ASSESSMENT ---
[ ] Building Square Footage
[ ] Estimated Replacement Cost of Main Barn
[ ] Recent Photo of Main Equipment Shed
[ ] Number of Livestock Housed (current)
[ ] Livestock Housing Type (Barn, Open Shed, Combination)
[ ] Acreage of Cropland Insured
[ ] Last Building Inspection Date

--- LIABILITY COVERAGE EVALUATION ---
[ ] Current Farm Acreage
[ ] Number of Employees
[ ] Estimated Annual Revenue
[ ] Product Liability Exposure (High/Medium/Low) (High, Medium, Low)
[ ] Agri-tourism Activities (Yes/No) (Yes, No)
[ ] Description of any Recent Accidents or Claims

--- BUSINESS INTERRUPTION COVERAGE ---
[ ] Estimated Lost Income per Day
[ ] Maximum Income Loss Period (Days)
[ ] Coverage Limit (Total Income Loss)
[ ] Type of Interruption Covered (e.g., Fire, Flood, Pandemic) (Fire, Flood, Windstorm, Pandemic, Other - Specify)
[ ] Describe Potential Business Interruption Scenarios
[ ] Date of Last Business Interruption Review

--- FARM PRODUCT LIABILITY ---
[ ] Estimated Annual Farm Product Sales Revenue
[ ] Description of Farm Products Sold (e.g., fruits, vegetables, dairy)
[ ] Distribution Method(s) (Select all that apply) (Direct Sales (Farmers Markets, Farm Stands), Wholesale to Retailers, Online Sales, Community Supported Agriculture (CSA), Other)
[ ] Potential Liability Risks (Select all that apply) (Foodborne Illness, Product Contamination, Allergic Reactions, Mislabeling/False Advertising, Packaging Defects)
[ ] Last Product Liability Training Date

--- EQUIPMENT BREAKDOWN COVERAGE ---
[ ] Equipment Breakdown Coverage Limit
[ ] Type of Equipment Covered (e.g., Irrigation, Milking) (Irrigation System, Milking Equipment, Harvesting Equipment, Dairy Processing Equipment, Grain Drying Equipment, General Farm Machinery)
[ ] Last Equipment Inspection Date
[ ] Description of Recent Equipment Issues/Repairs
[ ] Preventative Maintenance Program in Place? (Yes, No)
[ ] Estimated Replacement Cost of Covered Equipment

--- CROP INSURANCE INTEGRATION ---
[ ] Crop Insurance Provider (Provider A, Provider B, Provider C, Other)
[ ] Insured Acreage (Total)
[ ] Percentage of Farm Insured
[ ] Policy Purchase Date
[ ] Coverage Type (Yield Protection, Revenue Protection, Area Risk Protection)
[ ] Guaranteed Yield (bushels/acre)
[ ] Harvest Price Election

--- EXCLUSIONS AND CONDITIONS REVIEW ---
[ ] Review Exclusion 1: Flood Damage
[ ] Review Exclusion 2: Damage from Neglect
[ ] Does the policy explicitly exclude damage from acts of war? (Yes, No, Unsure)
[ ] Maximum allowable deductible amount.
[ ] Date of last policy modification regarding exclusions.
[ ] Which exclusions are you most concerned about? (Wind Damage, Hail Damage, Earthquake Damage, Pest Infestation)

--- POLICY UPDATES AND RENEWALS ---
[ ] Policy Renewal Date
[ ] Renewal Premium Amount
[ ] Renewal Method (Automatic Renewal, Manual Renewal)
[ ] Agent/Broker Contact Information
[ ] Last Review Date

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