Agriculture Portfolio

Protecting Agriculture, Securing Prosperity.

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What Is Agriculture Insurance ?

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Agriculture Insurance is a type of insurance that provides financial protection against loss or damage to insured crops, livestock, and other agricultural assets caused by specified risks.

Agricultural activities are exposed to various risks, including natural calamities, fire, pests, diseases, and other unforeseen events. Agriculture Insurance helps farmers manage the financial impact of covered losses, protect their investment, and recover more effectively after an insured event.

It provides farmers with greater financial security and peace of mind, allowing them to continue their agricultural activities even after unexpected losses, subject to the terms, conditions, and exclusions of the policy.

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Buy/Renew Agriculture Insurance Policy

Agriculture is exposed to various risks, including natural calamities, fire, pests, diseases, and other unforeseen events that can cause significant financial losses to farmers. Agriculture Insurance provides financial protection against covered losses or damage to insured crops, livestock, and other agricultural assets.

By securing your agricultural activities with the right insurance coverage, you can reduce financial uncertainty, protect your investment, and continue your farming activities with greater confidence.

Buy or renew your Agriculture Insurance Policy today and protect your agricultural investment against covered risks.

What Covered Under Agriculture Insurance ?
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Fire

Covers loss or damage to insured crops, livestock, or other agricultural assets caused by fire, subject to the policy terms and conditions.

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Natural Calamities

Provides coverage against losses caused by natural events such as floods, storms, hailstorms, lightning, landslides, and other covered natural disasters.

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Pest and Disease

Covers losses to insured crops or livestock caused by specified pests and diseases, subject to the policy terms and conditions.

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Drought

Provides coverage against losses to insured crops caused by prolonged dry conditions or insufficient rainfall, subject to the policy terms and conditions.

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Accidental Death or Injury

Provides coverage for accidental death or injury to insured livestock resulting from covered accidents.

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Other Optional Covers

Additional coverage may be available for specific agricultural risks depending on the type of agriculture insurance policy and the selected coverage.

What’s Required To Get Insured ?
Duly completed proposal Form

Duly completed proposal Form

A "Duly Completed Proposal Form" refers to a proposal document that has been filled out thoroughly and accurately according to the specified requirements.

KYC form to be duly completed

KYC form to be duly completed

A KYC (Know Your Customer) form is a document used by businesses to verify the identity of their clients. It typically requires personal information such as name, address, date of birth, and identification numbers.

Land and Crop/Livestock Details

Land and Crop/Livestock Details

Information about land ownership or legal use, along with details of crops or livestock to be insured.

Farming Records / Supporting Documents

Farming Records / Supporting Documents

Relevant documents such as purchase bills, farm records, or other required documents for verification.

What Not Covered ?
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Pre-Existing Disease or Damage

Crops already affected by disease or pests, or livestock that were sick or injured before the policy started.

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Negligence & Lack of Care

Loss or damage caused by failing to provide proper care for crops or livestock.

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Consequential Losses

Indirect financial losses, such as loss of income, reduced market value, or spoilage after harvest.

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Unapproved Farming Methods

Damage caused by using unauthorized farming methods, chemicals, seeds, or fertilizers.

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Failure to Take Reasonable Preventive Measures

Loss or damage caused by failing to take reasonable steps to protect crops or livestock.

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Fraud or Misrepresentation

Losses resulting from false information, forged documents, or intentional damage to crops or livestock.

Reasons To Buy Agriculture Insurance Policy
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Protects Your Livelihood:Safeguards your crops and livestock, ensuring your primary source of income is protected from unexpected risks.

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Financial Protection:Agriculture insurance protects farmers against financial losses caused by natural disasters, pests, diseases, and other unforeseen events, helping them recover and continue farming.

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Peace of Mind:Provides confidence that your investment is protected, allowing you to focus on farming without worrying about unforeseen losses.

How to Make a Claim?

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  • list-tick.svg Notify the insurance company immediately after the loss.

    list-tick.svg Submit the claim form and supporting documents.

    list-tick.svg Allow inspection by the surveyor.

    list-tick.svg Claim assessment by the insurer.

    list-tick.svg Claim settlement as per policy terms.