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Agriculture & Livestock Insurance

कृषि तथा पशुपन्छी बीमा

Agriculture & Livestock Insurance

Agriculture, Livestock, and Medicinal Herb Insurance has been in operation in Nepal since Magh 1st, 2069 BS, ensuring the risk management of farmers' production against various disasters such as flood, drought, fire, hailstorms, diseases, pests and damage from wild animals. The percentage of Government subsidy is calculated based on the sum insured for the insurance covered.

 

SN

 

Sum Insured (Slab)

Government Subsidy

1

 

Up to 1 Crore

80 %

2

 

Excess amount greater than 1 Crore

50 %

 

 

 

 

 

(Procedures for Providing Subsidy on Premium of Agriculture, Livestock and Medicinal Herbs Insurance 2083)

 

The existing Policies under Agriculture, Livestock and Medicinal Herb Insurance includes:

  1. Cereal Crop Insurance
  2. Fruits Insurance
  3. Vegetable Insurance
  4. Fish Insurance
  5. Cattle Insurance
  6. Birds Insurance
  7. Bee Insurance
  8. Spice Crops Insurance