Farming Animals Insurance; Protection for farmers

 

Get animal insurance as well so that farmers are protected. This article will provide the information regarding animal insurance.

In India, different States also differ in terms of the insurance deductible and the quantity of coverage for Animals.

Farming Animal Insurance, why is it required?

To insure their animals, farmers must provide information to the veterinary clinic in their region. We insure our families, our homes, our cars, and our possessions in case of any unexpected incidents. However, we do not even consider animals insurance, which is thought to be the cornerstone of farming.

When an animal dies from sickness, bad weather, or an accident, the farmer suffers greatly. As the cost of farming and dairy farming animals is quite high these days and they will not make it for losses by any means. A cow or buffalo that produces a lot of milk costs more than lakhs. Horses and camels are quite expensive, costing several lakhs.

For this reason, it is essential to insure farming animals like other products. The state government periodically introduces new animal insurance programmes. The unique aspect is that the central or state governments pay the majority of the animal insurance premium.

How to get Farming Animal Insurance?

Regarding Uttar Pradesh, the Animal Husbandry Department contributes 70% of the insurance premium for the Animal Insurance Scheme.

Animal insurance is now available online, much like life, health, and vehicle insurance. In the case of animal insurance, the insurance provider sends the Animal owner a card with a policy.

States also differ in terms of the insurance deductible and the quantity of coverage for Animals. For instance, depending on the breed of the animal, the price for 50,000 insurance coverage of a cow or buffalo in Uttar Pradesh ranges from Rs.400 to Rs.1000 per year. The state government additionally provides subsidies for this insurance premium based on the farmers' economic status and caste.

In the event that the covered animal dies as a result of disease or an accident, there is a 100% insurance payout. The animals have insurance, according to the tag on their ears.

The animal will be covered by following way:-

To insure their animals, farmers must provide information to the veterinary clinic in their region. The veterinarian and an insurance company representative pay a visit to the farmer and examine the animal there. When the animal is in good health, a health certificate is given.

The insurance provider attaches a tag to the animal's ear while insuring it. A picture of the farmer and his animal is taken. The insurance policy is then issued.

 

Farmers must notify the insurance provider right away if the animal's insurance tag comes off its ear.

Animal insurance coverage

Natural catastrophes include things like animal deaths brought on by floods, cyclones, famines, and earthquakes.

- In the event that an animal dies while being treated for a sickness or during an operation.

- In the event of an animal fatality during a strike, riot, civilian operation, or terrorist incident.

 

Thus we can see that Farming animals is equally important these days to ensure that farmers don't suffer financially due to loss of animals or during treatment of animals.