Agriculture Insurance
Agriculture Insurance
Compensates farmers against uncertainties of animals, crops, and greenhouse yield arising from insured perils.
1. Livestock insurance
What is Covered:-
a) Diseases of a terminal nature
b) Theft
c) Lightning strikes
d) Snake Bites
e) Emergency slaughter on vet’s recommendation
f) Calving complications
What is not covered:-
a) Feed Poisoning
b) Feed-related infections like milk fever, hardware diseases, grain overload, etc
c) Failure to adhere to good agricultural practices (GAP)
d) Mysterious disappearance/unaccounted disappearance
e) Transit risk without informing us days prior to transportation
f) Death of animal due to pre-existing conditions
g) Theft in areas prone to cattle rustling and banditry
h) Treatment and vaccination
Livestock covered:-
- Calves(Heifers and bulls) -90Days to 1 yr
- Heifers Pregnant ,Milking cows- 1 to 5yrs
- Heifers Pregnant ,milk cows 1 to 2yrs
- Bulls
- Sheep- 2months to 5yrs
- Goat -2months to 5yrs
- Pigs -2months to 5yrs
- Horses -91 days to 15yrs
2. Crop insurance
What is Covered:-
a)Losses due to Drought
b)Losses due to excess rainfall
c)Uncontrolled pests and disease
d)Hail damage
e)Flood due to excess rainfall
f)Landslide
g)Frost
h)Wind damage
I)Explosion
j) Earthquake
What is not covered:-
a)Willfully misconduct
b)Theft
c)Malicious Damage
d)Lack or Poor adherence to (GAP) good agricultural practices
e)Pest and Diseases that can only be controlled via a national or regional intervention e.g Fall armyworms and quelea birds
Crops covered:-
- Maize
- Wheat
- Sorghum
- Barley among other field crops
3. Greenhouse Insurance
Risked Covered:-
a)Fire
b)Hailstorm
c)Windstorm
d)Excess Rainfall
e)Floods
f)Uncontrollable Peste and Disease
Covers:-
a)Steel Structure
b)Plastic Cladding
c)Crop Cover
Can be extended to cover:-
- Good in transit, crops while being transported from firm to airport
- Machinery Breakdown
- Irrigation Equipment