Livestock insurance

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Dr AKHILESH KUMAR AND DR DIGE MAHESH S, 97 th FOCARS 03/24/2013 1 LIVESTOCK INSURANCE DR AKHILESH KUMAR & DR DIGE MAHESH S

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Transcript of Livestock insurance

Page 1: Livestock insurance

Dr AKHILESH KUMAR AND DR DIGE MAHESH S, 97th FOCARS

03/24/2013 1

LIVESTOCK INSURANCE

DR AKHILESH KUMAR&

DR DIGE MAHESH S

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Dr AKHILESH KUMAR AND DR DIGE MAHESH S, 97th FOCARS

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WHY –LIVESTOCK INSURANCE ??????????

The livestock insurance scheme has emerged as a saviour over the years for landless, small and marginal farmers, and for those whose major occupation is dairying

Security if death of the animals due to HS, FMD, BQ or even by drought

Return of money in the event of permanent total disability

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Facts of Livestock insurance Scheme

Centrally sponsored

Implemented on a pilot basis during 2005-06 and 2006-07 (10th & 11th Five Year Plan in 100 districts

Extended to 300 districts from 10.12.2009

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Dr AKHILESH KUMAR AND DR DIGE MAHESH S, 97th FOCARS

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The premium is subsidized to the tune of 50%.

The entire cost of the subsidy is being borne by the Central Government

In 2011-12 total Rs. 40 crores was allocated

Only 6% of livestock is insured

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Implementing agency• State Livestock Development Boards/ State Animal

Husbandry DepartmentsChief Executive Officer of the State Livestock Development Board

(Executive authority) Principal Secretary (A.H) of State /Director (A.H.D)

(Facilitator)

District Officer in charge appointed by CEO

Veterinary Officer

Selection of insurance company will be done by CEO

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Insurance companies

The New India Assurance Company Limited Head Office: 87, M G Road, Fort, Mumbai-400001

HDFC ERGO General Insurance Company Limited. 6th Floor, Leela Business Park,Andheri Kurla Road,Andheri(East), Mumbai 400 059.Phone: +91 22 6638 3600 ;Fax:+91 22 6638 3699

National Insurance company,Mumbai Regional Office I Royal Insurance Building, 12 J Tata Road, Churchgate Mumbai Maharashtra Pincode : 400020 Telephone : 22821963/22821844 Fax : 22842745 Email : [email protected]

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Where to go ?????

• Veterinary doctorIn association with insurance representative he will fix price of animal and identification is established by ear tagging

Tag must be produced without temper while making claim

Owner have to pay 50% of premium only

2 animals per beneficiary for a policy of maximum of three years.

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Claim

• In event of loss due to disease or permanent disability

Sub: Livestock Claim Intimation.Policy No.....Date from...... to .......(period) S. Nos................. belonging to Shri/Smt.............of ......... died on.........or suffering from Permanent Total Disablement. This paper is submitted fulfilling all formalities of above claim, please make necessary arrangements for the settlement of claim. The tags of the above animals are submitted herewith.Thanking you,Date:

I hereby certify that the above mentioned animal belonging to Shri/Smt.................... of village...............died on .......... .......... due to accident/disease as confirmed by Post-Mortem &/or symptoms prior to death and Observation of carcass. Date: Signature of Vet. Doctor Name: Qualification: Registration No:

DEATH CERTIFICATE

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Acknowledgement

• Dr V.K.G. Rao

• Dr Sandhya shenoy