What is provided by an agricultural insurance?
- Agricultural crops: wheat, barley, barley, oats, rye, rice, sunflower, corn, rapeseed, soybean, mustard, coriander, sugar beet, etc.
- Vegetable and potato crops
- Medicinal and aromatic plants
- Forage crops
- Tobacco
- Hop cultures
- Plantations of vines
- Orchards of fruit trees
Farmers are protected against damage to crops as a result of the following natural phenomena:
- Hail
- fire
- the storm
- torrential rain – direct effects
- collapse / slip of cultivated land
- early autumn frost
- late spring frost
Advantages of agricultural insurance:
• Flexibility in determining the insured amount: the amount insured per hectare is established by multiplying the average production per hectare by the amount insured per kg, agreed by both parties
• Possibility to revalue the insurance contract. Additional insurance may be concluded in the course of the insurance, either for the increase of the amounts / kg initially insured, or for the increase of the average production / hectare insured, if the expected production is higher than the one estimated at the conclusion of the insurance
• Flexibility in determining payouts, the payment of the insurance premium being made in installments, in terms of amounts and terms agreed upon by mutual agreement