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Agriculture Insurance

  • 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

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awards

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