Agricultural Insurance

AGRICULTURAL INSURANCE

Agricultural Insurance

Post Assurance Brokers Limited offers specialized agricultural insurance services, designed to protect farmers, agribusinesses, and related stakeholders from the diverse risks inherent in farm enterprises. Our comprehensive solutions cover a range of sectors, including crop, livestock, aquacultural, and forestry insurance, aligning with international standards to provide robust risk management and financial security.

Poultry Insurance: Poultry insurance provides financial protection to poultry farmers against the loss of birds due to various risks. It is especially useful for commercial poultry operations.

Purpose:

To indemnify poultry farmers for the death or loss of poultry due to insured risks, helping to stabilize income and encourage investment in poultry farming.

Livestock Insurance: Livestock insurance is a type of agricultural insurance designed to protect farmers and ranchers against the financial loss resulting from the death, injury, or disease of their animals.

Purpose:  Livestock insurance mitigates risks associated with animal farming, ensuring long-term sustainability and food security for producers.

Area Yield Index Insurance: This provides coverage against loss of crop yield due to adverse weather, pests, or other regional risks by using the average yield of a defined geographic area (not individual farm performance) as the basis for compensation.

Purpose: To compensate farmers for the risk of a significant drop in average crop yields in a defined area, helping to stabilize income and encourage investment in crop farming.

Farm Property Insurance: Farm property insurance is a specialized type of insurance designed to protect the diverse assets and operations of farms and ranches from financial losses due to unexpected events. Unlike standard homeowners’ insurance, farm property insurance offers a broader scope of coverage tailored to the unique risks associated with agricultural businesses.

Purpose: Farm property insurance is crucial for protecting a farmer’s livelihood and ensuring financial stability in an industry with inherent uncertainties.