Intimation: Loss/damage for localised calamities and postharvest losses will be assessed at the level of the individual insured farm and hence lodging of loss intimation by the farmer/designated agencies is essential. Farmers to intimate claims within 72 Hours from loss event.
Appointment of Surveyor: Insurance Company will appoint surveyor within 48 hours from farmer intimation
Claim calculation: Insurance company will calculate claims based on the loss assessment report submitted by the District Level Joint Committee (DLJC) and/or average yield submitted by concerned State Government
Claim Disbursement: Claim settlement to be completed within 15 days after receipt of survey report subject to receipt of farmer premium & Government subsidy.
Intimation: Loss/damage for localised calamities and postharvest losses will be assessed at the level of the individual insured farm and hence lodging of loss intimation by the farmer/designated agencies is essential. Farmers to intimate claims within 72 Hours from loss event.
Claim calculation: Insurance company will calculate claims based on the loss assessment report submitted by the District Level Joint Committee (DLJC) and/or average yield submitted by concerned State Government
Claim Disbursement: Claim settlement to be completed within 15 days after receipt of survey report subject to receipt of farmer premium & Government subsidy.