Agricultural Insurance

Agricultural insurance is an agrarian insurance aimed at companies dedicated to:

  • Agriculture.
  • Aquiculture.
  • Forestry.
  • Animal farms.

Agricultural insurance is aimed at those agricultural business people and farmers who wish to insure their level of income and continuation in the case of loss. The agricultural insurance ensures financial solvency for crop and animal farmers facing financial institutions and private individuals.

Most important coverage of agricultural insurance

The cover varies according to the sector insured. There are coverages available for all agricultural products and farms against practically all natural risks.

Main coverages for agricultural insurance

  • Fire
  • Frost
  • Flood
  • Rain
  • Hail
  • Wind
  • Drought

Main coverage for forestry insurance

  • Fire
  • Wind and hurricane
  • Flooding
  • Torrential rain
  • Snow

Main coverage for livestock insurance

  • Accident
  • Illness
  • Fire
  • Drowning by immersion
  • Attack by wild animals
  • Obligatory euthanasia
  • Drying pastures

Main coverage for aquiculture insurance

  • Hurricane winds
  • Exceptional variations in temperature
  • Decrease in salinity
  • Lightening
  • Fire
  • Flooding

What events can activate the agricultural insurance policy?

  • On a pig farm one is infected and risks infecting other animals on the same farm. The insurance that covers the costs arising from the removal and destruction of dead animals from the farm will cover the incident.
  • Due to extensive droughts pastures are damaged. The insurance for compensation for loss of pasture will cover the incident.

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