Protect your essential machinery and equipment from accidental damage, loss, or theft, guaranteeing uninterrupted operations. Our coverage addresses accidental loss or damage to essential farming machinery and equipment, minimizing disruption to your productivity.

To secure the transportation of your products, we offer this coverage, ensuring your goods reach their intended destination safely. Here you shall be compensated for losses incurred while produce is in transit to either the market or the storage house.

This cover provides benefits to the farmer in the event of losses occurring during storage, where there could be pest and microorganism attacks, moist, fire, explosion, flood and natural disasters.

This insurance provides cover for poultry birds raised in battery cages or deep litter systems, protecting farmers against specific risks related to accidental death and disease.

What We Cover

The policy covers the following risks:

1. Death or injury due to accidents

2. Uncontrollable diseases or illnesses

3. Fire

4. Storm

5. Flood

6. Lightning

Exclusions

This policy does not cover the following:

1. Malicious or willful injury, or neglect

2. Transit of birds by any mode of transport

3. Improper management, including overcrowding

4. Undergrowth, cannibalism, or attacks by predators such as preying birds and carnivorous animals

5. Consequential loss, however caused

6. Permanent or partial disablement of any nature

7. Loss of production

8. Any accident, loss, destruction, damage, or legal liability caused by or related to nuclear weapons

9. Transfer of interest or ownership of the insured birds

This policy provides comprehensive insurance coverage for cattle, sheep, and goats against death or disability resulting from disease and accident.

What We Cover

Payment shall be made to the farmer for the loss of livestock due to:

1. Accidental death, including:

   • Lightning

   • Internal or external injuries (on location or during transit)

   • Fire

   • Windstorm

   • Snake bites

   • Flooding

2. Terminal diseases

3. Emergency slaughter on a veterinarian’s advice

4. Calving complications

5. Epidemics

6. Transit risks within a radius of 250 kilometers

Exclusions

The policy does not cover losses due to:

1. Willful misconduct

2. Feed poisoning

3. Culling

4. Pre-existing accidents or diseases

5. Animal shows and exhibitions
   (unless declared and specifically endorsed)

6. Mysterious disappearances

7. Cattle above 10 years, and sheep/goats above 7 years

8. Drought

9. Malnutrition and dehydration

This policy provides comprehensive insurance coverage for all fish farmers, including both pond and caged fish, during the stages of breeding, raising, and harvesting.

It covers Tilapia, Catfish, and Trout, and protects against losses resulting from diseases and natural calamities.

What We Cover

The policy includes protection against the following risks:

1. Accidental death of fish stock due to:

   • Water pollution from external sources

   • Flooding

   • Windstorms

   • Earthquakes

   • Impact damage from falling or moving objects

2. Diseases and illnesses that cause mortality of insured fish stock, confirmed through:

   • Histological or pathological examination of dead fish

   • Certification by a recognized aquaculture veterinarian or disease expert

3. Epidemic-related death due to outbreaks of specific aquaculture diseases, as reported by the Ministry of Fisheries and Aquaculture Development

4. Stock disposal on the advice of an Aquaculture Veterinary Surgeon, with the Insurer’s consent

Exclusions

The policy does not cover losses due to:

1. Feed or spray poisoning

2. Pre-existing health conditions in the insured stock

3. Inability of the insured stock to perform the tasks for which they are intended

4. Valuation, treatment, vaccinations, and post-mortem costs

5. Theft or mysterious/unaccounted disappearance of stock

6. Mismanagement, including malnutrition

7. Loss of stock occurring outside the insured location stated in the policy schedule

Hybrid Index Insurance (HII) is a combination of Weather Index Insurance (WII) and Area Yield Index Insurance (AYII). It offers comprehensive coverage for both weather-related and non-weather-related perils, leveraging the strengths of both WII and AYII.

Weather Index Insurance (WII)

Weather Index Insurance helps mitigate uncertainties resulting from changing weather conditions by providing protection against weather-related risks.

• Payouts are indexed based on weather thresholds or extremes specific to a location.

• Parameters may include:

  • Insolation (sunlight),

  • Precipitation (rainfall),

  • Humidity,

  • Wind speed, etc.

• When weather data shows a variation beyond the standard deviation or expected norm, a payout is automatically triggered.

Area Yield Index Insurance (AYII)

Area Yield Insurance covers yield-related risks by comparing actual yields to the average yields expected within a specific ecological zone.

• Payouts are indexed against the expected average yield of that region.

• If the actual farm yield falls below the standard average yield for that zone,
  a payout is triggered proportionate to the shortfall.

This policy provides comprehensive insurance to all types of Crops/Trees grown and maintained by the farmer against direct losses.

What We Cover

The farmer shall be indemnified for losses caused by:

1. Drought (only for non-irrigated crops)
2. Uncontrollable pests and diseases
3. Hailstone damage
4. Flooding of the crop field
5. Fire and lightning
6. Windstorm
7. Frost
8. Excessive rainfall

Exclusions

The policy does not cover the following:

1. Consequential losses (e.g., due to delay, detention, confiscation, etc.)
2. Negligence or poor crop management
3. Loss or damage due to birds and wild animals
4. Loss or damage due to arson
5. Loss due to fall armyworm or any other controllable but stubborn pests
6. Theft, except while in direct transit between the insured’s premises and a recognized buyer within the insured territory
7. Loss or damage due to the crop’s own fermentation, natural heating, or spontaneous combustion
8. Burning of the crop by order of any public authority or due to subterranean fire
9. If, at the time of cover inception, the crop is not the insured’s bona fide property or if the insured has no financial interest in the crop

Types of Crop Insurance

Crop insurance is offered under two main categories:

1. Multi-Peril Crop Insurance (MPCI)

• Indemnity-based: The insured is restored to their original financial position.
• Covers a single crop per risk.
• The sum insured is calculated based on the cost of production (e.g., land preparation to harvesting, excluding land clearing and stump removal).
• Inclusions and exclusions remain as stated above.

2. Parametric Insurance

This insurance uses specific, measurable parameters (e.g., weather data) to determine payouts.

Weather Index Insurance

• Designed to mitigate risks from changing weather conditions.
• Payouts are triggered automatically when weather exceeds predefined thresholds (e.g., precipitation, temperature, wind, humidity).
• Based on historical and current weather data in the insured location.

Area Yield Index Insurance

• Payouts are based on yield shortfalls compared to the average yield for a specific ecological zone.
• If a farm's actual yield is below the standard for the zone, a payout is triggered based on the percentage of loss.