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Crop insurance against rains extended

Within the framework of the new insurance system in the agro-industrial complex, there are several insurance products in crop production based on the index of deficiency and excess of moisture in the soil. Every year, agricultural producers insure their crops against drought and rain during the spring field and harvesting period.

Thus, in the first half of 2022, 171 insurance contracts against moisture deficiency in the soil were concluded. At the same time, it should be noted that the term for concluding insurance contracts in crop production has its limitations.

Taking into account that on July 14 the deadline for concluding rain insurance contracts ends, IC "Zhusan Garant" confirmed its agreement to extend the deadline for accepting applications for the product "Insurance of the excess moisture index in the soil" until July 30 of this year. (inclusive).

We remind you that in order to reduce the cost of an insurance policy for agricultural producers, attract new participants to the insurance market in the agro-industrial complex, and reduce risks in crop production, the state subsidizes insurance premiums: for example, the cost of an insurance policy for farmers with the help of subsidies is reduced by 50%.

The insurance operator in the agro-industrial complex is the Agrarian Credit Corporation. You can conclude insurance contracts in the Agroinsurance information system on the website www.qoldau.kz.


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