Agri Input
A seed distributor in Assam offers complementary protection to their customers by providing them a guarantee for the cost of fertiliser in case of weather adversities that prevent sowing or cause failure of germination
Who Can Benefit
- Fertiliser, Pesticide, Insecticide Producers
- Seed Companies
- Agri-input Distributors & Retailers
- Agri-Tech Companies
- Governmental and Non-Governmental Agricultural Support Programs
Rainfall
Temperature
Humidity
Disease Congenial
Sample Policy
A seed distributor in Assam offers complementary protection to customers by providing a guarantee for input costs in case weather adversities prevent sowing or cause failure of germination.
Coverage Terms
POLICYHOLDERFertiliser Distributor
LOCATIONChenga, Barpeta, Assam
DATA SOURCEIMD Gridded Rainfall Data (Geo reference: 26.25°N 91.25°E)
PAYOUT BASED ONCumulative Rainfall during Critical Sowing Period
COVERAGE PERIOD1st June to 31st July
PAYOUT CONDITION Rainfall 250mm →50 mm ₹10,000→₹1,00,000 (linear payout).
MAXIMUM LEVEL₹1,00,00 per bag of fertiliser
Payout Sheet
For illustration purposes, a sample of one cover is presented below. Generally, covers using multiple indices are offered for comprehensive coverage.
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