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Seed Inventory Insurance Program

Protect against loss of branded seed products and containers

Hays Insurance     Hays Companies is pleased to offer Seed Dealers a convenient and cost-efficient option to protect against loss of LG Seeds branded seed products. LG Seeds, dealers may enroll by submitting a simple online application at no up-front cost. Premium payment will be reflected in the dealers account at the end of the crop season, based on their final crop year end sales.

Program Features

  • Allianz an A+ Rated Insurance Company
  • High Customer Satisfaction – program has served customers over 12 years
  • Limits up to $5,000,000 any one loss or occurrence
  • $500 Deductible
  • Automatic coverage for seed shipped direct to growers and/or locations other than the Dealer’s primary location

Advantages

  • Savings up to 50%
  • Peak Season Inventory insured up to $5,000,000
  • Year-round program, no need to re-enroll
  • 24/7 Claim Service, loss paid on delivered invoiced price

Broad “All Risk” Coverage Including

  • Fire, Windstorm, Collapse, Theft, and other Perils
  • Flood up to $2,000,000 (except excludes Zones A or V)
  • Inventory in Transit up to $300,000 any one conveyance
  • Multiple Locations
  • Subject to policy terms, conditions, and exclusions

AgReliant, its subsidiaries and affiliates are not acting as an insurer and shall have no liability for such losses.

Convenience

  • Single Premium Payment from dealer account
  • No Reporting - Crop year-end sales reported automatically by AgReliant
  • Online Access– Dealer may enroll, view, and print Evidence of Coverage

Program Premium

Dealer Net SalesPremium Rate/Payment
Tier 1 ($0 - $2,000,000)$1.15 / $1,000 of invoiced seed
Tier 2 (> $2,000,000)$1.10 / $1,000 of invoiced seed

Year-end sales includes seed shipped direct to growers and/or locations other than the Dealer’s primary location

  • Accounts must be settled by July 15, 2019

Policy Term

  • August 1, 2018 to August 1, 2019 renewed annually thereafter unless canceled
  • Dealers may enroll by completing the online application at https://agreliant.haysprograms.com
  • Evidence of Coverage will be available any time after August 1, 2018

Claims Reporting

  • Claims must be reported immediately to: Allianz Global Corporate & Specialty at 800-558-1605; Fax 888-232-6450 or Email fnolmarine@agcs.allianz.com
  • Customer Service
  • Hays Companies – Ag Desk is available for Dealer Support

 

For more information please visit https://agreliant.haysprograms.com