Every element of our lives carry an underlying risk.
Your attitude to risk is personal and in your farming life you can take on as much or as little risk as you like – but you should calculate it, and know where your risk boundaries are.
Insurance is an important part of risk management, but there are a number of risks that you either cannot insure or are too expensive – these will have to be identified and managed.
Equally with safety, you need to ensure that you, your family, visitors and workers are safe site and there are easy to use techniques to help out.
All About Your Farm, will help show you how to build a risk profile and what you can do to manage identified risks.
You will be shown and receive techniques to assist with:
- Building your personal risk profile so as you clearly understand where your comfort zone is and when you are likely to leave it.
- Building your farming risk profile for fires, floods, droughts, disease and many other risks. Add in mitigation techniques and assess your risk on a before and after management basis.
- How to self-assess safety on your farm and using a matrix, review safety on a before and after basis.
- How to build an insurance profile to ensure adequate coverage and use that process to leverage cost.
The processes are flexible and adaptable and you can change the profiles by changing the back ground assumptions.
If your ideas about risk change the process can adapt to follow you.
Manage risk well and farm with
