Agriculture Insurance Company

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Agriculture Insurance Company Overview

Agricultural Insurance Company of India Ltd (AIC) addresses the diverse needs of farmers by designing and developing agricultural insurance products to move towards a sustainable actuarial system.

National Agricultural Insurance Scheme (NAIS): National Agricultural Insurance Scheme provides insurance coverage and financial support to farmers in the event of failure of crops falling under the list of crops to be covered due to any natural calamity, pests, or diseases. It also aims to encourage the farmers to adopt progressive farming practices, high value inputs, and higher technology in agriculture.

It works towards stabilizing farmers, particularly in disaster years. The comprehensive risk insurance is provided to cover yield losses due to non-preventable risks such as natural fire and lightning, storm, hailstorm, flood, landslide, hurricane, pests and diseases.

Go through the insurance premiums, coverage, and exclusions of different agricultural insurance policies offered by the company to make an informed decision.

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