scheme

Information

Unified Package Insurance Scheme (UPIS) aims at providing financial protection to citizens associated in agriculture sector, thereby ensuring food security, crop diversification and enhancing growth and competitiveness of agriculture sector besides protecting farmers from financial risks. The UPIS will be implemented in 45 selected districts on Pilot basis from Kharif 2016 season. The cover will be for one full year except for Crop Insurance (which will be bi-annual separately for Kharif and Rabi seasons) renewable from year to year. The Loanee farmers will be covered through Banks/Financial Institutions whereas nonloanee farmer shall be covered through banks and/or insurance intermediaries

Objectives of Scheme

1.This policy is designed to take care of the insurance needs of farmers associated with agriculture activities. This policy provides yield based crop insurance to the farmer based on his ownership rights of land and sown crop

2.It covers both the personal assets of the farmer like the dwelling & its contents (Fire), the other assets which help him in earning his livelihood such as Agricultural Pump Sets, and Agriculture Tractor owned by farmer.

3.Life insurance protection to the farmer and his/her family members.

4.The policy also provides protection to farmer and his/her family members in case of the Accidental Death / Disablement, accidental insurance protection of farmer's school/college going children and provisioning of education fee to the students in case of death of parent.

Sections covered under the scheme

1.Building and Contents Insurance (Fire and allied perils)

2.Personal Accident Insurance - Coverage as per Pradhan Mantri Suraksha Bima Yojana

3.Agriculture Pumpset Insurance (Upto 10 Horse Power) - The Insurance covers the Centrifugal pump sets (electrical and diesel) upto 10 Horsepower capacity which are used for agricultural purposes only

4.Agricultural Tractors Insurance - As per the provisions, terms, exceptions, conditions and endorsements as per standard Motor Policy

5.Life Insurance - as per Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY)

Exclusions

The Company will not be liable in respect of the following conditions:

1.Loss or damage caused by the depreciation or wear

2.Consequential loss of any kind or description.

3.Loss or damage caused by nuclear weapons.

4.This Insurance does not cover loss or damages directly arising from ionising radiation or contamination by the radioactivity from any nuclear wastes from the combustion of nuclear fuel.

Documnets Required

1.Claim Form

2.Doctor’s report, prescriptions and a certificate confirming the nature and degree of disability

3.Police Report and Postmortem Reports in case of accidental death.

4.Receipts, Bills and Prescriptions of Doctor for reimbursement hospitalisation expenses.

5.Medical Practitioner’s Certificate.

Apply for Scheme

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