Agricultural Insurance

Who can close an agriculture

insurance?
Any natural or legal person, who owns
of the cultivated farm land or who
owns by an act written and obviously
has a legitimate interest or any
responsibility for the exploiting,
preserving and protecting it.

What is the subject of

agricultural insurance?
Can be assured all agricultural crops
cereals, technical & medical plants,
animals, vegetables, fruits, seed
crops, crops from greenhouses and so
on.

Covered risks:
In order with clients desire through
insurance can be covered:
spring frosts, hail, direct effects of the
torrential rains, storm / storm, landslides
and the collapse / subsidence of land
cultivate, early autumn frosts collectively risks Standard or only:
hail, direct effects they torrential rains,
storm / storm - reduced risk
Standard

Types of agricultural
insurance:
Crop insurance
Animal insurance
Insurance for birds
Fish insurance
Ensuring agricultural machinery

Crop insurance

Advantages:
Flexibility in determining the sum insured: The sum insured per
hectare is established by multiplying the average production per
hectare with sum insured per kg, agreed by both parties
The possibility revalorization (a aduce la valoarea iniial) contract.
Ensure ongoing conclude an additional insurance can either
increase the amounts / kg provided initially be to increase average
production / hectare insured in case production is expected to get
higher than estimated at the conclusion of insurance
Flexibility in setting payment installments, the insurance premium
being able to make payments in the amount and on terms mutually
agreed
Agricultural risks insurance coverage:
The insurance covers the following risks: hail, fire, storm /
hurricane, rain, frost late spring and early autumn frost.
Additionally, under certain conditions, can cover the risk of freezing
in winter and collapse / landslide cultivated.

Crop insurance

It can ensure crops of wheat, barley,

canola, sunflower, corn, potatoes, sugar
beet, mustard, soy, etc., and the fruit tree
orchards and plantations of grape vines.

Animals
insurance
What insurance is provided by a farm animal?
It can provide cattle, swine, sheep and goats.
Risk insurance coverage for farm animals?
For animals of the bovine, swine, sheep and goats,
you can receive cash compensation for death or
culling of animals needed as a result of:
General risks: fire, explosion, lightning, electric
current, earthquake, collapse / slip / land
subsidence, flood, storm, hurricane, blizzard,
avalanche, hail, frost, animal hair of bodies
Diseases of any kind (except those included in the
list of International Epizootic Office)accidents

Insurance for
birds
What is insured?
It can provide flocks of poultry.
Agricultural risks insurance coverage:
Are compensated for poultry death cases in
poultry due to: fire, lightning, explosion,
collapse halls, asphyxiation, air-conditioning
accidental damage, intoxication with drugs
administered prophylactically or curative by
veterinary authorities. It indemnifies and
burglary.

Insurance for
fish
What is insured?
It can provide manpower from farms.
Agricultural risks insurance coverage:
For farms are compensated cases of death following
insured risks:
Flood caused by flood, fire, collapse / landslide
Storm / hurricane
Earthquake
Frost and water supply in the basin
Drought
accidental pollution
Theft or damage arising attempted theft

Ensuring
agricultural
machinery
What is insured?
It can ensure agricultural tractors, combines, drills,
graders, Road machinery, loaders, forklifts, balers,
plows.
Risks covered:
The machines are insured against road accidents,
theft, natural phenomena, fire or explosion.
Assurance also covers transport costs of equipment
damaged, damage or expense of limiting damage to
save the property insured. You can opt for insurance
against particular risks or liability coverage for
damage to other people's machines provided.

Who needs this kind of

insurance?
- People who cultivate farmland and want to
be protected against the destructive effects
of natural factors of risk.
- People who have committed a bank loan
for the development of agricultural activities
for the duration of loan repayment.
- People who have signed a concession
contract with the Ministry of Agriculture for
all crops on these lands for the duration of
the concession contract.
-Also and ordinary householders

The law providing subsidized

insurance of production risks in
agriculture

Subscribed gross premiums and

paid compensation for insurance
subsidized risk for production in
agriculture, on insured objects in
2014, mln lei
insured
items

total
premi
compensa
paid by
share
share in
um of
paid by the
tion of
agricultural
in total
total
insura
state, mln
paid
Producer,
receipt
compensa
nce,
lei
insurance,
mln lei
s, %
tion%
mln
mln lei
lei

harvest

29,1

14,55

14,55

49,9

3,6

53,7

plantatio
ns

23,6

11,8

11,8

40,5

2,9

43,3

5,6

2,8

2,8

9,6

0,2

animals

The size of the insurance

premium
The amount to be paid as insurance
premium, a person who enters into a
contract of insurance of crops,
represents a percentage of the sum
insured amount and its size depends on:
- The geographical location of cultivated
land;
- Crop structure
- Technological expenses needed for
each culture for growing