Forest has a significant financial value for its owner. We recommend making sure that you gain the expected yield from your forest property. Insurance can secure the yield from a forest in most cases of loss. A comprehensive forest insurance also includes cover for the expected value, or the losses caused by felling that had to be done too early due to damages.
The nine risks forest faces
- Careless forest owner
- Perpetual forest insurance
- Forest fire
Source: Metsäraha 3/14
Extreme weather phenomena are increasing, and forest damage always comes as a surprise, but you can prepare for the financial losses they cause. In our country, the damages have varied significantly from year to year. Storms have been clearly the most significant risk, as they cause 70 to 80 per cent of forest damage on the average. The second worst cause of damages is heavy snow. Forest damage is also caused by, for example, engraver beetles, voles and snow.
Against what kinds of damage do you wish your property to be covered?
There are insurance options for all sizes of forest estates. The insurance premium depends on the location of the forest and the desired level of coverage. The forest insurance premium is tax-deductible.
OP bonuses are used to pay the forest insurance premium. The share of the forest insurance premium paid for with OP bonuses is not tax-deductible.