Agriculture Insurance
Policy Overview
Comprehensive agricultural insurance solutions protecting farmers, ranchers, and agribusiness owners against various risks including weather conditions, pests, diseases, and natural calamities.
Crop Insurance
Crop insurance provides robust cover to farmers, ranchers, and agribusiness owners. Alliance offers three types of crop insurance:
- Multi-Peril Crop Insurance
- Weather Index Products
- Area Yield Index Insurance
What Does It Cover?
- Losses caused by Weather Conditions
- Losses caused by Insects and Pests
- Losses caused by Natural Calamities such as Fire or Earthquake
- Losses caused by Low Yield or Low Price
Premium Rates
| Insurance Type | Premium Rate | Indemnity Limit |
|---|---|---|
| Multi Peril Crop Insurance (MPCI) | 3.5% | 70% |
| Weather Index Products | 3% | 70% |
| Area Yield Index Insurance (AYII) | 3% | 90% |
Livestock Insurance
Livestock insurance covers animals such as dairy cattle, poultry, pigs, sheep, goats, and horses. It can be purchased separately or combined with crop insurance.
What Does It Cover?
- Losses caused by Diseases or Euthanasia
- Losses caused by Accidents or Health Issues
- Losses caused by Natural Calamities
- Losses caused by Malicious Acts
Premium Rates
| Species | Premium Rate | Min Number | Min Age |
|---|---|---|---|
| Cattle (Cows) | 4% | >=5 | 2 Years |
| Poultry | 1.15% | >=100 | 4 Months |
| Pigs | 3% | >=20 | 5 Months |
| Sheep & Goats | 2.25% | >=30 | 6 Months |
| Horses & Bloodstock | 5.5% | >=1 | 1.5 Years |
Policy Benefits
Financial protection against unpredictable weather patterns and climate risks
Comprehensive coverage for both crops and livestock under one provider
Flexible premium rates tailored to different agricultural sectors
Quick claims processing and dedicated agricultural insurance specialists
Risk management support and agricultural best practices guidance
Index-based products for transparent and objective claim settlements
Protection against price fluctuations and market uncertainties