Premium:

Re.0.05 per thousand for normal risk and Re.0.06 per-thousand for heavy risk. Long term policy upto 10/15 years available with attractive discount. Group policies eligible for group discount.

1. Immediate notices to be given to the policy issuing office.
2. Submit claim from along with medical certificate and bills.
3. For death claim, nominee should submit

1. Death Certificate
2. Original Policy

c) Claim form

Scope of cover:

The policy provides indemnity against damage caused to irrigation system (lift, Drip, Sprinkler etc.). The policy covers each item of the irrigation system and its accessories.

Premium Rate:

1% of Sum Insured.

Sum Insured:

Sum Insured should be equal to the cost of replacement of insured property by new property of the same kind and capacity. It should include freight, custom duties and erection costs, also. Sum insured for each part/item to be declared separately.

Risks covered:

Fire, Riot, Strike, Malicious damage, Flood, Storm, Cyclone, Earthquake, landslide, Bursting of Pipelines, Accidental damage to Machinery and Pipelines, Mechanical and electrical breakdown, theft.

Exclusion:

War and nuclear perils, overload experiments/test, gradual wear and tear and deterioration, wilfull negligence, consequential loss, terrorism, loss/damage for which manufacturer is liable, pre-existing flaws/defects.

Claims:

In the event of claim, from the first day of loss the sum insured is reduced by the amount of claim. In order to prevent under insurance during the remaining period of policy, it is necessary to reinstate the sum insured by payment of pro-rata additional premium.

An amount of Rs.1000/- is deducted on each and every claim under policy. However, the amount of deductible, in case of bread down claims shall be limited to Rs.250/- per claim.

The policy is designed, at a very low cost, to provide protection to Tribals in respect of assists as well as self and family members. The brief particulars are as under.

It is possible to cover Tribals on group basis, which can attract discount in premium ranging from 2.5% to 45% depending upon number of persons.

The policy is governed by following two important provisos:

1. Satisfactory health statement before commencement of insurance
2. Expenses for disease/illness contracted by insured person during first 30 days from commencement of policy are not payable.

General:

It is possible to issue a package policy for Farmers covering the assets and family members on similar lines like the package cover available for Tribals.

(In case of adverse claim ratio, Malus applicable as per scale)

1. Milch cows

1. Indigenous Crossbreed

Age group
2-10 years
Premium per annum
Non-scheme - 4%
Scheme - 2.25%

2. Exotic

Age group: -
2-10 years
Premium per annum
Non-scheme -6%
Scheme -2.25%

2. Milch buffaloes

Age group:
3-12 years
Premium per annum
Non-scheme:- 4%
Scheme: - 2.25%

1. Stud Bul

Age group:
3-8 years
Premium per annum
Non-scheme -4%
Scheme -2.25%

1. Bullocks

Age group:
From 4 month to 32 months up to first calving whichever is earlier.
Premium per annum
Non-scheme -4%
Scheme -2.25%

Permanent total Disability (PTD) (Additional cover)
Premium per annum
Non-scheme -1%
Scheme –0.85%
Transit (for non-scheme; distance exceeding 80kms) (Additional premium)
Premium per annum
Non-scheme -1%
Scheme –nil

1. Common Exclusion: Theft, clandestine sale, malicious or willful injury, neglect unskilled treatment, intentional loss, transport by sea and air way invasion nuclear weapons accident occurring/Disease contracted prior to commencement of policy. Any non-scheme claim arising due to disease contracted within 15 days of inception of risk.
2. Special Exclusion so. All claims received without ear tag. Pleuro pneumonia in lakhimpur and Sibsagar district in Assam.

Sin insured and indemnity

Indemnity for non-scheme animals sum insured or market value prior to illness which ever is less

- For Scheme Animals: 100% sum insured

• For PTD indemnity is limited to 75% of sum insured.

1. Death due to accident or disease Group Discount available if number of animals is above 25 from single source other than bank.
2. Long terms Discount on policy available as follows
3. Non-Scheme – 3 & 4 years policies – 15%, 5 years and above – 25%
4. Scheme: Net Premium @ 4.8% for 3 years premium @ 1.60% charged for each additional year over 3 years.
5. Facility for adjustment of premium available in case of premature death before expiry of long terms policy in case of scheme
6. Transfer of interest subject to adjustment of premium on pro-rata permitted in case of non-scheme cattle only.

1. Indigenous Crossbreed

Age group:
Age limit (4 months to 7 years)
Premium per annum
Non-scheme -4%
Scheme -2.75%

1. Common Exclusions : as per cattle insurance as above
2. Specific exclusions: enterotoxaemia. Sheep Pox, Goat Pox, RP, FMD, Anthrax, HS, BC, Above diseases are covered, only if successfully inoculated and necessary Vet. Certificate supplied to the Company. PTD not covered.

Sin insured and indemnity

Same as Cattle Insurance

1. Group Discount available as per scale.
2. Long term discount on policy available as follows:

• Non-Scheme 3-4 years Policies 15%
• 5 years policies and above 25%
• Scheme
• 3 years and above 25%

Migration of sheep and goats within state covered. Claim arising outside State in case of Drought, Epidemics, and natural calamities movement from lower altitude to higher altitude is also payable

1. Draught horses, Donkeys, Ponies, Mules, Yaks (Indg/CB/Exotic)

Age group:
2-8 years
Premium per annum
Non-scheme -4%
Scheme -2.75%

1. Permanent Disability

Age group:
Additional Premium
Premium per annum
Non-scheme -1%
Scheme –0.85%

1. Common Exclusions : as cattle insurance as above

Specific exclusions: Disease contracted prior to or within 15 days of inception of risks. Racing hunting and blood stock purpose Disease viz. Glanders, SAHS, RP, Anthrax, FMD, BQ, Tetanus etc. above disease are covered only on production of successful vaccination certificate.

Sin insured and indemnity

Non scheme: 80% of the sum insured or market value whichever is less.
Scheme: 100% of sum insured. 75% of Sum Insured

Special Features

long term discount for :
Non-scheme: 3 and 4 years – 15%
5 years and above – 25%
Scheme: 3 years and above – 25%

D. Pig insurance

Indigenous Cross breed and exotic

Age group:
4 months to 6 years
Premium per annum
Non-scheme –5%
Scheme –2.75%

Exclusion

Common Exculsions as per cattle insurance as above

1. Disability of any kind
2. Disease Contracted prior to and/or within 15 days of inception of risk
3. Breeding and farrowing risks

Swine fever-covered only on successful vaccination.

Sin insured and indemnity

Sum insured as per Valuation Table
Indemnity: 80% of SI or certified MV at death whichever is less
Scheme – 100% of SI

E. CAMEL

Adult Males and Females

Age group:
3-12 years
Premium per annum
Non-scheme -4%
Scheme –2.75%, 5% extra per year above 10 years for non-scheme

1. Common Exclusions as per cattle insurance as above
2. Special Exclusions:

1. Partial disability
2. Disease contracted prior to and/or within 15 days from inception of risk.

Surra-covered only if preventive and curative measures taken

Sin insured and indemnity

Indemnity:Non-scheme–80
% of the SI or market value prior to illness whichever is less
Scheme – 100% of SI
For PTD –70%of indemnity

Special Features

Long term discount @ 25% for 3 years and above available for scheme animals. Transfer of Interest: same as Cattle insurance

Age group:
3months to 3 years
Premium per annum 7%

Exclusion

a) Common Exclusions: as per cattle insurance as above

b) Specific Exclusions,

i) Partial & PTD

ii) Pasteurellosis

iii) Culling

iv) Cannibalism & intentional slaughter

v) Undergrowth

1. Myxomatosis and coccidosis covered only if proper vaccination and prevention measures taken

vii) Death due to disease untill age of 30 days is completed

Sin insured and indemnity

SI 100% of market value
Indemnity: 70% of SI or Market Value

Special Features

Salvage value of Rs. 10/- per rabbit to be deducted at claim

G. ZOO AND CIRCUS ANIMAL

Zoo animals circus animal

Premium per annum

5% and 7.50% rate to be modified based on past loss experience

Exclusion

As per cattle insurance policy for animals and as per poultry insurance policy for bird

Sin insured and indemnity

Done by curator and health certificate issued by Vet. Doctor.

H. ELEPHANT

1. Temple Elephant

Age group:
5 to 60 yrs
Premium per annum 4.50%

1. All others

Age group:
5 to 60 years
Above 60 years
upto 65 yrs.
Premium per annum
5.00% Additional Premium of @1/2% for each additional year

Exclusion

Common Exclusions as per cattle insurance as above

1. Specific Exclusion:

1. Partial and permanent total disability
2. Surgical operations other than for treatment of disease or accident occurring in policy period
3. Breeding and calving risks
4. Disease contracted prior to and within 15 days of commencement of risk.

Tuberculosis, HS, Anthrax, Implication of colon, Tetanus Rabies covered only if preventive and curative measure taken from time to time

Sin insured and indemnity

Sum insured Restricted to 80% of market value
Value of tusk is excluded
Indemnity 80% of SI

Special Features

On payment of additional premium of Rs.5/- the Mahot can be covered under GAP
Public liability with a limit of Rs.5,000/- per person. Rs. 25000/- per event and Rs. 1,00,000/- per year can be provided on the payment of additional premium of Rs. 100/-

I. DOG

(Pure or CB pedigree dogs)
Extension of Policy

Age group:
8weeks to 8 years
Premium per annum 5%
Death by accident in transit by air, rail, or water and show risk
Premium per annum 0.5%
Accidental poisoning
Premium per annum 1.0%
Whelping risk
Premium per annum 0.5%
Loss of litter
Premium per annum 2.0%
Lost or stolen
Premium per annum 2.0%
Loss of show fees (limit Rs.250/-)
Premium per annum 0.3%
Loss of value due to accident
Premium per annum 0.5%TP liability (Rs.5000)

1. Common Exclusion as per cattle insurance as above
2. Specific Exclusions

1. Disease contracted prior to and within 15 days of commencement of risk.

ii) Transit, show risk, breeding and whelping risk unless specifically covered Rabies, distemper, Hepatitis Leptospirosis, viral enteritis (covered if vaccinated properly).

Sin insured and indemnity

SI-Purchase price as per Kennel/Canine club/Vet. Dr. Certificate.
Indemnity; 100% of SI or Market Value. Maximum value not to, exceed Rs.10,000/-.

Special Features

The policy has several extensions on payment of additional premium and these extensions are defined.

SILKWORM AND HONEY BEE INSURANCE

HORTICULTURE, PLANTATION AND FLORICULTURE INSURANCE

Floriculture

Roses, orchids, Annual Policy depending on crop and type of culti-ion

1. In addition to above, specific policies are available for other varieties of commercial fruit, plantation and floriculture crops.
2. Input cost comprises of cost of preparation of land, cost of saplings, cost of manures,fertilizers, insecticides, pesticides, as well as other applicable maintenance expenses

1. Premium rates for different HP capacities vary
2. Also sum insured for different capacity HP submersible pumps vary, and the same should be on present day replacement value
3. In the event of claim, rewinding charges shall be paid according to HP capacity of pump
4. Liability for total loss in case of submersible pumpsets shall be limited 50% of sum insured
5. Separate policy is also available for Lift irrigation system

CLAIM PROCEDURE FOR RURAL INSURANCE POLICIES

General

The general claim procedure to be followed in case of death of an insured animal is as under:

1. Immediate intimation to the insurer.
2. Duly completed claimform
3. Death certificate obtained from qualified veterinarian in Company’s form
4. Post-mortem examination report of required by the Company
5. Ear tag to be submitted to the company wherever applicable.
6. Photograph of dead animal wherever necessary.

1. Duly completed claim form along with ear tag.
2. Certificate of death from Veterinary Surgeon or a certificate jointly by any two of the following

1. Sarpanch of the village
2. President or any officer of Co-operative Society
3. Official of milk collection centre
4. DRDA authorised nominee
5. Supervisor/Inspector/officer of any Banking or Credit
6. Secretary or Vice President of Panchayat.
7. Village Revenue Officer/Village Accountant
8. Head master of a Primary School
9. Any of the above officials have to declare that they have seen the carcase and ear tag intact in the ear mentioning number thereof.

1. Post-mortem report, if conducted

1. A Certificate from the qualified veterinarian to be obtained.
2. The animal should be inspected by Company’s Vet. Officer also
3. Complete chart of treatment, medicines used, receipts etc. To be provided to the insurer
4. Admissibility of claim is considered after two months of issue of Vet, Certificate Company Vet. Doctor will inspect and confirm the disability.

Poultry Insurance

In addition to the general claim procedure

1. In case of epidemic disease outbreak immediate notice within 12 hours to insurer and affected birds to be segregated and produced to insurer’s representative for inspection.
2. Post-mortem report of sample birds
3. Daily records of mortality, feeding etc.
4. Purchase invoices for the birds
5. Any other proofs to substantiate the loss like photographs, medical bills, etc. as and when required.
6. Daily mortality details should be sent to the company on weekly basis, failing which report will be treated, as nil for that particular week.

Brackish Water/Inland Fisheries Insurance

1. Immediate notice within 24 hours of loss
2. Duly completed claim form
3. Certificate from F.E.O (Fisheries Extension Officer) of F,F.D.A

(Fisheries Foremen Development Agency) or an officer of equal cadre in State Government Fisheries Department of CIFRI (Central Inland Fisheries Research Institute) or Senior Fisheries Expert of MPEDA (Marine Products Export Development Agency)

Certifying the cause of death together with value of stock at the time of death with details of salvage, if any.

Sericulture Insurance

1. Immediate intimation of loss of the Company.
2. Completed claim form
3. Mortality certificate by Sericulture officer (Tech) not below the rank of Sr. Inspector of the Department of Sericulture giving brief details of cause and extent of loss.

Honeybee Insurance

Mortality certificate to be issued by an authorised Agriculturist.

1. Immediate intimation of loss to the company
2. A competent Surveyor is appointed by the Company to conduct survey
3. Police report in case of Burglary
4. Claim form, final bills and receipts

Package Policy for Tribals/ Gramin Personal Accident Policy

1. Immediate notice of loss to the Company.
2. Claim form
3. Medical certificate and bills in case of Permanent partial/total disablement
4. In addition, for death claim nominee should submit:

1. Death certificate from competent authority
2. Original policy