Wheaton, Ill., Feb. 19, 2009—Sherry Taylor, manager of farm and agribusiness for the American Association of Insurance Services (AAIS), will give a presentation on the new AAIS Agricultural General Liability (AgGL) Program at the 2009 Western Agribusiness Conference, March 18-19 in Sacramento, Calif.
The conference, put on by the Insurance Skills Center, provides courses leading to the Agribusiness and Farm Insurance Specialist (AFIS) designation, as well as breakout sessions devoted to other topics. Taylor's presentation provides credit toward the continuing education requirement of attendees who have already earned the AFIS designation.
The AgGL, now filed in 17 states and due to be filed countrywide, is the first standardized general liability program specifically designed for farm and agribusinesses.
Compared to standard farmowners programs, the AgGL provides broader coverage in its base forms with a wider range of endorsements for covering or excluding liability exposures. Also, for several farm classes, the AgGL’s rating information supplants traditional acreage-based rating with sales-based rating information.
Compared to standard CGL programs, the AAIS AgGL includes a greater number of standard farm exclusions in its base forms, as well as limited built-in coverage for third party property damage arising from the application of farm chemicals.
Also, the AgGL program manual includes more agricultural classifications than typically found in a CGL manual.
For more information on affiliating with AAIS for use of the AgGL, contact Rick Maka, director of marketing, at our contact form or by calling 800-564-AAIS.
AAIS is a national advisory organization that develops policy forms and rating information used by more than 600 property/casualty insurers throughout the U.S.