Livestock Insurance

//Product Type - Livestock insurance

Livestock Insurance Insurance

The distribution partner types are Banks, MFI, Co-ops Dairies, Credit Co-operative Societies, Milk Processors.

Coverage for cattle and other livestock (e.g. sheep and goats) against the risk of death due to multiple causes + additional disability option to insure failure to produce milk or to reproduce due to certain illnesses .

This is Mostly group but individual purchase is also possible, it is mostly compulsory, but voluntary purchase is also possible .

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What does Livestock Insurance cover?

    • Death: Agreed Sum Assured, i.e. generally market value of livestock
    • Disability/Illness: Percentage of Sum Assured
//Insurance Type

Premium Rate- TBA

Premium Payment- Annual or Monthly

The product is often tied to bank loans for cattle.