Nearly 70% of the Indian population is engaged in agriculture and resides in the rural parts. Due to a lack of facilities that urban India enjoys, rural India’s people need insurance more than ever before. That’s why rural insurance came into play.

What is rural insurance?

Rural insurance is a form of cover that is there to protect the rural policyholder against any damage or loss that they may incur during their day-to-day life.









Motor insurance:
It gives a comprehensive insurance coverage that covers all the agricultural vehicles such as tractors, trailers, cars, etc.

Accident insurance:
This variant of rural insurance covers death or total/partial disability due to any accident that may happen in the course of living in rural India, whether during farming or otherwise.

Property insurance:
This covers all the agricultural equipment, shops, etc.

Livestock insurance:
As the name suggests, this insures the policyholder against the death or disability of the livestock.

Poultry insurance:
This one covers any loss to broilers and chicken’s parent stock.

Health insurance:
This is a normal coverage for the insured in the form of personal accident cover and mediclaim.

What are the inclusions and exclusions of rural insurance?


INCLUSIONS EXCLUSIONS
Poultry insurance Death or disability of the cattle due to neglect or overwork
Hut insurance Illegal slaughter of the cattle
Honey bee insurance Death by overcrowding
Failed-well insurance Loss of vehicle due to confiscation by the government
Sericulture insurance Pre-existing faults and damages to the property
Lift irrigation insurance Cost of dismantling the product while moving it to and from the workshop
Sheep goat insurance Loss and damage from theft
Animal driven cart insurance Clandestine sale
Agricultural pump set policy
Gramin personal accident insurance
Farmers’ package insurance
Horticulture’s insurance scheme
Cycle rickshaw policy






Get in Touch

Register Office : Unit No. 1617, 16th floor,
Rupa Solitaire, Koparkhairne, Navi Mumbai - 400710.
Mobile No. : +91 7992 472 994
Email : care@uponly.in




Follow Us

Be updated with the latest development in the industry and our steps towards bettering it. Follow our social media handles now.


     


Copyright © 2020 Uponly.in(CCIPL) All Rights Reserved