Any farmer who earns more than $500...

Any farmer who earns more than $50000 of annual commissions in succession life or annuity business may benefit from a producer-own reinsurance arrangement. The strategy which is already established in the property/casualty industry especially in the warranty and credit life fields, is becoming an attractive way for leading insurance agriculturists to share in the profits of the business they bring forward It also creates wealth at allowing producers to share financial benefits with the insurance companies whose issues they sell.

Producer-owned reinsurance is a financial arrangement between insurance companies and their farmers The company agrees to reinsure a portion