Crop Insurance Advisory
Crop Insurance Advisory provides professional guidance to farmers, agribusinesses, and cooperatives to safeguard their crops against natural calamities, pest attacks, and weather uncertainties. Through expert assistance, farmers can select suitable insurance schemes, ensure claim settlements, and secure financial stability in case of crop loss or damage.
Types Of Crop Insurance Advisory
Crop Insurance Advisory can be categorized based on the type of insurance coverage and beneficiary
Government Crop Insurance Advisory
Guidance on enrolling in central and state government schemes like PMFBY (Pradhan Mantri Fasal Bima Yojana).
Private Crop Insurance Advisory
Support for availing customized crop insurance policies from private insurers for high-value or export crops.
Weather-Based Crop Insurance Advisory
Focused on insurance that compensates for losses due to adverse weather conditions such as drought, flood, or frost.
Horticulture & Plantation Crop Advisory
Assistance for farmers engaged in fruit, spice, tea, or plantation crops with specialized coverage.
Livestock & Allied Activity Insurance Advisory
Covers farmers engaged in dairy, poultry, or aquaculture against losses due to disease or disasters.
Claim Settlement & Risk Assessment Support
Help with documentation, verification, and claims processing to ensure timely compensation.
Why Crop Insurance Advisory Is Important?
Government Schemes Coverage
Crop insurance advisory helps farmers register under government-backed schemes like PMFBY and RWBCIS.
Customized Policy Selection
Advisors assist in choosing the right plan based on crop type, region, and weather risks.
Premium Subsidy Guidance
Support in availing government subsidies on insurance premiums for both small and large farmers.
Claim Settlement Support
Experts help in filing claims, coordinating with insurance companies, and ensuring timely payouts.
FAQs
What is Crop Insurance Advisory?
It is a professional service that guides farmers and agribusinesses in selecting, enrolling, and managing crop insurance schemes effectively.
Who can avail Crop Insurance Advisory services?
Individual farmers, cooperatives, FPOs, agri startups, and agribusiness companies can all benefit from crop insurance advisory.
Which government scheme covers crop insurance in India?
The Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather-Based Crop Insurance Scheme (RWBCIS) are the main government-backed programs.
What risks are covered under crop insurance?
Drought, flood, pest attack, disease, cyclones, and other weather-related damages are covered.
How does an advisory service help with claims?
Advisors assist with documentation, crop loss assessment, and coordination with insurance companies for faster settlements.
Is crop insurance mandatory for farmers?
While not mandatory, it is highly recommended for farmers who take agricultural loans or face climate risks.