REACH US ON : O20 286 2000call
callREACH US ON : O20 286 2000

Multiperil Crop Insurance

What is covered?

Physical loss of or damage to growing crop directly caused by:

  1. Drought.
  2. Uncontrollable pest and diseases.
  3. Hailstone damage.
  4. Flooding of the crop field.
  5. Fire and lightning.
  6. Malicious damage.
  7. Earthquake.
  8. Riot and strike.
  9. Explosion.
  10. Windstorm

The cover can be extended to include harvested yield whilst stored at the farm or any other place of temporary storage and in transit to any recognised buyer within the country.

Crops covered

Wheat, Barley, Oats, Rye corn, Triticale, Canary Seed, Millet, Panicum, Sorghum, Maize, and Rice among other monocotyledon crops.

Pea, Bean, Lentil, Vetch, Canola, Kale, Mustard, Lupin, Safflower, Sunflower and Linseed among other dicotyledonous crops.

Basis of Cover

Sum Insured for any crop is based on production costs or pre-agreed nominated value of harvested crop based on the Long Term Average Yield

Basis of Claim Settlement

  1. Yield short fall below guaranteed level as a result of listed perils insured.
  2. Claims are due for payment the end of a crop season unless there is total loss happening during the insured crop planting window.

Why should every farmer have this protection?

  1. Guarantees that your investment is not lost should any of the insured events occur
  2. Secures your income by making sure you get compensated
  3. Your bank will consider you a better customer to lend money knowing that their money will be repaid in all circumstances.

Need more information? We'd be happy to answer your questions. Please leave us your contacts and we'll get in touch.