5.8 fee of compensation by the Agricultural Insurance coverage Fund

Akbar Aziz

World Courant

Based on IRNA’s report from the Ministry of Jihad and Agriculture, “Ghadratullah Nouri” estimated the overall damages of the Ministry of Jihad and Agriculture to insured and uninsured farmers within the agricultural sector within the agricultural yr of 1401-1402 as a result of pure and compelled elements to be round 120 thousand billion tomans.

He added: Since two years in the past, the damages triggered to the agricultural sector have been primarily supplied to farmers and producers by low-interest amenities, and no compensation has been paid to the farmers who suffered harm as a result of pure and compelled elements by the nation’s disaster administration group or another authority. and due to this fact the agricultural insurance coverage fund was the one supply that might pay damages throughout this era.

The Deputy of Insurance coverage Affairs of the Agricultural Insurance coverage Fund said: At the moment, solely the Agricultural Insurance coverage Fund pays compensation to the insured farmers.

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Nouri emphasised on rising the credit score of the agricultural insurance coverage fund to cowl extra farmers and implement new insurance coverage packages within the agricultural sector and said: Part of the 6 thousand billion Tomans authorized for the crop yr 1402-1401 has been allotted to the insurance coverage fund.

He continued: One other a part of the compensation fee was performed by the insurance coverage premium of farmers’ share of greater than 3 thousand billion tomans and about 1200 to 1300 billion tomans was additionally performed with the cooperation of the Agricultural Financial institution in order that we are able to fulfill our obligations on time.

The deputy of the Agricultural Insurance coverage Fund famous: On common, practically 30% of the agricultural sector is roofed by the Agricultural Insurance coverage Fund, though in some sub-sectors, together with poultry, practically 99% are coated by the insurance coverage of this fund.

He stated: Practically 48% of the compensations had been paid to the agriculture sub-sector within the crop yr of 1402-1401, and 75% of this determine was associated to rainfed wheat and the plan to leap manufacturing in drylands.

Nouri said that 37% of the compensation fee was additionally given to orchards within the talked about crop yr, and acknowledged that the most important damages had been triggered to pistachio, dates, walnuts, grapes and apples as a result of frost.

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He added: Within the agriculture sector, 56% of the lands with the precedence of drylands, within the aquatic sector, 35% and within the backyard sector, practically 20% are coated by the insurance coverage fund.

Based on this official, 99% of the poultry sector, 35% of the aquatic sector and 20% of the livestock sector are coated by this fund.

Relating to the fee of compensation to the livestock and poultry subsector, he additionally stated: The Agricultural Insurance coverage Fund pays 80% of the worth of livestock or poultry to the insured producers based mostly on the final worth of the day, and due to this fact the insured on this sector are happy with the efficiency of the fund.

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Nouri added: The report of the crop yr 1403-1402 relating to the overall damages triggered to the agriculture and gardens sub-sector has not been finalized but, though up to now about 800 billion Tomans have been broken to the insured farmers, together with livestock, poultry, aquatic animals and particular person damages equivalent to floods, We now have paid compensation for hail, storm, and many others.

The deputy of the Agricultural Insurance coverage Fund added: After the completion of the summation and the willpower of the share of injury, compensation can be paid to the insured individuals within the sub-sector of agriculture and gardens.

He said that the agricultural insurance coverage fund is the one one accountable for paying compensation for farmers’ losses, and requested them to insure their merchandise in order that in case of damages attributable to pure elements, they will return to the manufacturing cycle with insurance coverage assist.


5.8 fee of compensation by the Agricultural Insurance coverage Fund

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