We know that building a farm requires time and effort and we believe it is worth safeguarding against the unexpected.
FNB can offer you various short-term insurance options. Based on your need to use a broker, you can choose from our experienced product partners.
This insurance protects your business from unexpected events that are not covered by your business's standard insurance policy. We can provide the appropriate cover should you feel your business needs extra protection.
We also provide guarantees to help facilitate business agreements and contracts. Guarantees are written undertakings by the bank to pay an agreed amount to a third party. A guarantee offers security for performance and reduces risk.
People are vital for the success of a business, particularly in the case of partnerships and sole proprietors. FNB offers you Key Man Insurance to cover the value of your key people, if their death or disability could cause great loss or even the dissolution of your farm.
It is also important to consider what will happen to your farm in the event of your death. As a farm owner, it is critical to identify a suitable person to run your business should you be unable to do so, and to ensure that finance is available to help your business at that time. Proper estate planning for both you and your staff is essential and we are qualified to help you with these matters.