Аgricultural insurance

Insurance products are designed for intensive and semi-intensive apple orchards due to the specific nature of production.

Apple trees can be insured starting from the third year after planting (after two winters) when grown in intensive and semi-intensive orchards. Insurance is available for agricultural producers in Almaty, Zhambyl, Zhetisu, and Turkestan regions.

Insurance for perennial plantations - aapple trees covers a full package of risks: hail, fire, strong wind, winter frost damage, spring and autumn frosts, lightning strike, damage or loss due to excessive snowfall or ice crust on branches, as well as unlawful or wrongful actions by third parties or unidentified persons.

The insurance premium for this product is
0.8%.

The deductible (unconditional)
5%

The insurance period
is from November 1 of the current year to October 31 of the following calendar year. Orchards must be insured by October 31 of the current year.

Insurance of apple crop includes coverage for the following risks: from spring frosts, hail, strong wind, lightning strike, fire, unlawful or wrongful actions by third parties or unidentified persons.

The insurance premium for this product is
11.2%.

The deductible (unconditional) is
 from 10% to 40% for insured events.

The insurance period is
from April 15 to October 15, but no later than the end of the harvest, if the harvest is completed before October 15.

The product provides two-phase and three-phase insurance and covers the risk of soil moisture deficiency during the growth and ripening period of agricultural crops. Spring cereals, legumes, and oilseed crops are eligible for insurance. The product is available in all regions of Kazakhstan.

An insured event is determined based on Earth remote sensing data without direct interaction between the agricultural producer and the insurer, minimizing the impact of the human factor.

Insurance Coverage Period

For the northern regions – from May 15 to September 14. The insurance contract for cereals and legumes must be concluded by April 1, and for oilseed crops by April 15.

For the southern regions – from March 15 to June 15. The insurance contract for cereals, legumes, and oilseed crops must be concluded by February 15.

Insurance Premium Rate

3.5% – for two-phase insurance;
5.3% – for three-phase insurance.

Maximum Insurance Indemnity

33% of the insured amount – under two-phase insurance;
48% of the insured amount – under three-phase insurance.

The product covers the risk of excess soil moisture caused by heavy precipitation during the harvesting period of spring crops. The insurance applies to Kazakhstan's grain-producing regions.

An insured event is determined based on Earth remote sensing data without direct interaction between the agricultural producer and the insurer, minimizing the impact of the human factor.

Insurance Coverage Period

From August 15 to October 14. The insurance contract must be concluded by June 30.

Insurance Premium Rate

3%.

Maximum Insurance Indemnity

21% of the insured amount.

The pasture index covers 13 regions of Kazakhstan (excluding the Mangystau region), involving monitoring the "optical depth of vegetation" based on passive microwave remote sensing. Optical depth of vegetation measures the relative amount of water in plants and provides indications of vegetation growth and biomass.

This product offers two-phase insurance.
The insurance coverage period is from
May 1 to August 30. Insurance must be obtained by April 1.

The insurance premium is
3.2%.

The maximum insurance payout is
24% of the insured amount.

The product provides three-phase insurance and covers the risk of soil moisture deficiency during the growth and ripening period of agricultural crops. Winter cereals, legumes, and oilseed crops are eligible for insurance. The insurance applies to Kazakhstan's grain-producing regions.

An insured event is determined based on Earth remote sensing data without direct interaction between the agricultural producer and the insurer, minimizing the impact of the human factor.

Insurance Coverage Period

From September 15 of the current year to June 30 of the following calendar year.

The insurance contract must be concluded by August 15 of the current year.

Insurance Premium Rate

4.8%

Maximum Insurance Indemnity

48% of the insured amount.

Poultry insurance depends on the insurance coverage and the number of insured poultry (from 30 head and above).

The insurance premium ranges from
2.31 to 2.77%.

The insurance indemnity amounts to up to 100% of the insured amount, less the deductible
of up to 2% and the compensation paid in the event of mandatory seizure and destruction of animals.

To purchase insurance, you must select the insurance product, the insurance company, and the beneficiary. The insurance premium and deductible depend on the number of insured animals and the insurance period. All animals must be registered in the "Farm Animal Identification" system.

Insurance terms: 3, 6, 9, and 12 months.