Recent years’ experience has shown us that natural phenomena represent a major risk for agricultural production.
Regardless of the area the crops are located, they can be damaged by hail, torrential rain, storms, landslides, fires and other natural disasters.
Even in the case of a single event, the entire production is likely to be compromised and the entire investment may be lost.
With agricultural insurance, the effects of disasters can be "tamed", and make sure you can start over the production cycle, without having to resort to additional funds.
Object of insurance:
Crops in the field or greenhouse / solarium / glazing units, nurseries, rootstock plantations, fruit of the vines, shrubs on plantations, as follows:
- In field vegetable crops;
- Aromatic and medicinal plants;
- Industrial plants;
- Textile plants;
- Fruit vines, trees / shrubs and hops;
- Strawberry plantations;
- Plantations of fruit trees;
- Fruit plantations and vineyards stock;
- Protected crops in greenhouses, greenhouses and hotbeds etc.
- According to the specific of the insured crop, the coverage may be for:
- fire (the phenomenon of ignition and burning of crops), caused by natural causes - electrical discharges (lightning);
- torrential rainfalls
- thunderstorm or tempest
- landslides and slumps of cultivated terrains
- late spring/early fall frost
Period of insurance:
Insurance can be completed throughout the agricultural year, but at least one month before the start of harvesting crops / fruit on plantations.
The maximum insured period is the agricultural year – according to the characteristic of the vegetation cycle of species / variety / hybrid crops / vines / trees.
Advantages and benefits
- Coverage for most common risks
- Affordable insurance premiums
- Financial advantages offered by the Romanian Government: people who conclude agricultural insurance can benefit from the laws in force (GD. 756-21.07.2010) stating the subsidizing a percentage of the paid insurance premium
Need to know!
Agricultural year: the period between sowing / planting until harvesting the crops.
Direct technological costs refer to:
- Raw materials (seeds, fertilizers and organic nature, pesticides, irrigation water, wire, tied rope etc.);
- Mechanical works;
- Labor costs;
- Rent / royalty;
- Supply expenses (maximum 10% of the raw materials costs).