Agriculture Insurance
Agriculture has become a risky enterprise due to its cyclical nature, risk of loss from drought, floods, pests and diseases, fires and natural disasters. Research shows frequency and severity of crop failure and livestock mortality have increased over the years. Mitigation of these risks is a priority to reducing income loss, increase agricultural productivity and enhance farmer's well-being. Given these growing concerns about impact of climate change, Agriculture insurance has gained recognition as an important risk management tool.
Features
School
Ensures the children will go to school even in the unfortunate demise of the parent/ guardian.
Flexibility
Flexible premium payment which also allows for decrease the sum assured as you need on the policy anniversary.
Guaranteed Benefits
We guarantee that you or your beneficiaries (whichever applies) will receive the sum assured plus accrued interest in the event of loss of life as a result of accident or illness, or upon the maturity of the policy.
Critical illness
In the event of a critical illness, a 50% payout of the sum assured is made on the first diagnosis. This benefit will cease once a claim is made but the policy will remain in force until maturity or death whichever occurs first upon which the 200% sum assured is payable.
Waiver of the premium
In the event a parent/guardian becomes permanently totally disabled the WOP benefit will check in and the policy will remain in force until maturity or death whichever occurs first upon which the 200% sum assured is payable.
