What is the difference between compulsory insurance and optional insurance?
Under the terms of each Rewards Project, insurance is optional for most paid-up (cash) Growers, and compulsory for Growers electing to utilise a finance arrangement. In accordance with the Finance agreement, all investors who have elected to use and are presently repaying a finance arrangement, must insure their trees against loss. Insurance for standing trees is also compulsory for Growers who have purchased woodlots in the Rewards Group Teak Project 4 (ARSN 111 957 843) and Rewards Group Sandalwood Project 5 (ARSN 112 103 313). Rewards Projects Ltd and the Independent Forester encourage all Growers take out insurance for their Woodlots or Groves. back to top What are management fees? Managements fees are the costs associated with managing your investment. Depending on the project, maintenance of your investment can range from a variety of activities including, but not limited to, planting, weed and pest control, nutrient analysis, fertilising, fire control, site maintenance, pruning,
