Insurance of future crops

An event is recognized as insured if it is recorded:
Features of setting the sum insured
The sum insured is set within the value of the expected harvest (calculated on the basis of the average crop yield in the farm or district over the past 3-5 years multiplied by the field area and the cost per unit of harvest)
Factors influencing the cost of insurance
The cost of insurance for each farm is calculated individually, taking into account the indicators of a particular farm, its location and experience in growing crops
Benefits of insurance in INGO

Climate change as a challenge for farmers
The biggest challenge for farmers is global climate change, which is causing severe weather conditions around the world, including in Ukraine. Even today, this requires changes in crop cultivation technology.
In such circumstances, insurance becomes one of the few effective tools for managing agricultural risks.
outlook - «Evolving»
8.12.2023




