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Agriculture Insurance | Insurance Services | FINAGAL MULTISERVE LLP

 

In Pune,FINAGAL MULTISERVE LLP Best Insurance Consulting Company that Provide All types of Insurance Policies also give the Best Agriculture Insurance In Pune.

 

Agriculture in India is highly susceptible to risks like droughts and floods.It is necessary to protect the farmers from natural calamities and ensure their credit eligibility for the next season.
The scheme provided income protection to the farmers by insuring production and market risks.The insured farmers were ensured minimum guaranteed income(that is,average yield multiplied by the minimum support price).

In Pune FINAGAL MULTISERVE LLP Provides Many Types of Agriculture Insurance Policies:
 

1. Crop Insurance:
What is a crop insurance policy?

Crop insurance is purchased by agricultural producers,and subsidized by the federal government,to protect against either the loss of their crops due to natural disasters,such as hail,drought,and floods,or the loss of revenue due to declines in the prices of agricultural commodities.
 

What is the importance of crop insurance?

Crop insurance also protects farmers against the loss of crops due to natural disasters,extreme weather,or revenue loss owing to price fluctuations in the agricultural market.A farmer who struggles with his plow will be assured that,in the case of a disaster,he will at least receive some return.

 

2. Cattle Insurance:
What is cattle insurance?

The Cattle insurance policy broadly covers the death of the cattle due to accidents caused due to fire,road accidents,electrocution,drowning,snake bite,strangulation,poisoning,and accidental external means.
 

why is cattle insurance important

Cattle insurance protects Indian rural people from the financial loss incurred due to the death of their cattle. The cost of cattle is high and their loss can force farmers to get into a debt cycle.With cattle insurance, farmers will get comprehensive protection against cattle loss.

 

3. Live Stock Insurance:
What is the Live Stock insurance?

Livestock insurance covers against losses to animals.While these policies are usually meant for standard farm animals like horses,poultry,and cattle,they can also cover losses to exotic and aquatic animals.These policies pay to replace livestock that dies,has to be put down,or is stolen.
 

why is livestock insurance important?

Here are seven reasons why livestock insurance isn’t a luxury,it’s a necessity.

1. Protection Under a Farm Policy
2. Protection From Perils
3. Animal Mortality Coverage
4. Protection Against Falling Prices
5. Stray Animals Are Covered
6. Stay Safe From Liability
7. Your Assets are Protected

 

4. Tractor Insurance:

what is tractor insurance?

Tractor Insurance is a commercial vehicle insurance policy that provides all-around protection.It also covers the tractor from any legal liabilities that may arise due to causing injury or property damage to a third-party person.
 

Why is tractor insurance important?

It is important to get tractor insurance because standard tractor insurance acts as a shield for various damages like personal accidents,natural calamities,and even third-party liabilities.

 

5. Water Pumps Insurance:

What is Water Pumps insurance?

The policy provides insurance cover to Centrifugal and Submersible pump sets used for agricultural purposes.The policy will be applicable only to pump sets having a capacity of up to 25 HP.
 

Why is Water Pumps insurance important?

Water is by far the most important resource a farmer needs. If irrigation through any other mode is not possible, the farmer depends on the pump set for this.Thus,it becomes essential to ensure the pump is set against theft and damage.

 

6. Dog Insurance

what is dog insurance?

A Pet Insurance policy is one of the latest insurance schemes introduced in India.This scheme covers veterinary expenses incurred for the treatment of a pet who has endured an injury or is sick.Some pet insurance plans also cover the death or loss of the pet that is insured.
 

Why is dog insurance important?

Pet insurance gives you a wider option of treatments for dental issues,parasite-borne diseases,cataracts, fractures,pregnancy complications,etc.,depending on the policy you choose.Pet insurance also proves to be a boon for pets that may need to make use of additional healthcare facilities as they age.