Miscellaneous Insurance

We help in finalizing the Best of insurance covers for minimum premium.

Miscellaneous Insurance

We help in finalizing the Best of insurance covers for minimum premium.

The type of crop insurances in respect of loanee farmers depends upon the National Crop Insurance Programme/Scheme and adoption of the same by State Governments for different crops and districts. However, Non-loanee farmers can go for any type of insurance as per their choice

Apart from National Agricultural Insurance Scheme (NAIS) which is serviced by Agricultural Insurance Company of India (AIC), the following are the major types of crops insurance in vogue in last couple of years.

Weather based crop Insurance Scheme (WBCIS) covers loss due to variation in various weather parameters such as Rain, Humidity, temperature, etc. The compensation is fixedseparately for variation of each unit of agreed weather parameters during different periods. This operates somewhat on Input cost basis.

Modified National Agricultural Insurance Scheme (MNAIS) operates on expected yield basis and hence pays for variation in yield. Perils covered here is much wider and includes pests and diseases. Losses during pre-sowing and post-harvest period is also covered subject to certain conditions.

Pradhan MantriFasalBimaYojana (PMFBY) announced during 2016 focuses more on Income/Revenue following Area approach. This policy also offers cover in respect of Pre-sowing and Post-Harvest risks

The Policy covers theft of the property following Forcible and Violent entry in to the premises or theft accompanied by forcible exit from the insured premises.

Loss by theft without any forcible entry or exit can also be covered as an additional cover

Loss of money in transit due to any cause (a comprehensive- All risk cover) including infidelity of cash carrying employee

Loss of money whilst in counter during business hours due to Burglary & Housebreaking or hold-up

Loss of money whilst in safe after office/business hours due to Burglary & Housebreaking

Direct financial Loss suffered by employers due to infidelity acts & dishonesty of employees within their assigned roles

Sudden Physical damage to Hoardings, Glow Sign boards, Neon sign boards due to

Loss or Damage to insured property due to any cause except for specific exclusions. Indicative list of causes/perils covered include Fire, Lightning, Flood, Storm, Impact Damage, Burglary, Riot & Strikes etc. This policy is very useful for portable equipments/items which are generally carried outside business premises. Territorial cover can be India or Worldwide as agreed