Insurance of crops and plantations or/and loss of agricultural production value.
Your farm may suffer damage due to unforeseen weather events, and this type of insurance is a financial instrument to compensate for the damage your crops and plantations have suffered.
What are the basic risks that crops and plantations are insured against?
The main risks are hail, fire and lightning strikes.
What other risks are insurable?
There are other so-called supplementary risks such as floods, storms, frost, frost, salt, loss of germination, loss of quality…
What is the subject of insurance in crop and plantation insurance?
The subject of the insurance are the parts of the plant that can be economically used.
What is the subject of insurance in the insurance of crops and plantations?
The subject of the insurance are the parts of the plant that can be economically used.
What if the insured crop and/or plantation is destroyed during the duration of the insurance due to the occurrence of a risk for which it was not insured?
In this case, the premium is reduced by comparing the period from the day of destruction to the time when the insurer’s obligation would cease and the period from the beginning of the obligation to the time when it would cease.
Can supplementary risks be insured without securing basic conditions?
Unfortunately, supplementary risks cannot be insured without coverage of the basic risks
Can crops and plantings in greenhouses and greenhouses be secured?
Yes, crops/plantations can be provided in greenhouses or greenhouses.
Do areas with the same risk behavior always have the same premium?
No, areas with the same risk behavior, and for which insurance results can be monitored, are called unit risk areas, they are made up of one or more cadastral municipalities, and are assigned to a risk class at the end of each year based on the ratio of revalued claims and functional premiums in the past three years
What risks cannot be insurable on crops?
The risk of drought, theft, pollution, application of inappropriate agrotechnical measures, damage from wild animals, damage from pests… cannot be insured.
When is insurance in the value of crops and plantations determined?
Insurance is determined at the time of sowing and planting
Can the insurance premium be calculated for a period of more than one year?
It is not possible, the premium is always for the period from sowing/planting to harvest/harvest.
Until when can a contract on insurance against spring frost be concluded?
It depends on the conditions of the individual insurance company, but usually it is the period until March.
Is it possible to provide salt?
Salt can be insured
When does orchard insurance cover begin?
The obligation to compensate for damage in the case of fruit insurance begins after the completion of fertilization.
