Crop insurance involves compensation for quantitative production losses.
OBJECT OF INSURANCE:
The object is cereal crops, vegetables, the fruit of vineyards, fruit trees/shrubs and hops.
INSURED RISKS
fire, direct effect of torrential rains, storm or gale, hail
direct effects of landslides and land collapses, early autumn frost, late spring frost. Under certain conditions, drought can also be insured.
INSURED AMOUNT
The insured amount can represent the value of production expenses or the value of production.
The following cases are excluded and are not compensated:
– if the damage announcement was not made within max. 3 days of the occurrence of the insured event;
– production losses due to non-compliance with the technological process;
– damage to crops due to delayed harvest, etc.
The deductibles mentioned in the insurance policy are deducted from the compensation, deductibles that represent a percentage of the total insured amount of the entire insured area or of the insured amount of the damaged area.
ANIMAL INSURANCE
Insured object
Sheep, pigs, cattle, buffaloes, horses, fish from fish farms, bee families and hives
Insured risks
Compensation is granted for death or necessary slaughter, as a result of the following risks:
– surgical/obstetric/internal diseases;
– accidents occurring inside and outside the shelter;
Depending on the insurance company, these risks may be extended.
Insured amount
It is declared on your own responsibility and can represent the actual value established per animal resulting from invoices/purchase receipts according to accounting documents or the market value established in live weight/kg, depending on species, breed, age, condition, etc.