Agricultural insurance

1. Insurance of the agricultural crops against the harmful effects of the risk factors  

The insurance of the agricultural crops may be concluded by any natural or legal persons with a legitimate interest or responsibility in regard to the exploitation, protection and preservation of the agricultural land, regardless of the form of owning the land:   property, farming, renting, concession, donation, if this can be proved by a document.

The types of crops insured



The insurance policy may include the following types of crops: 
• crops of cereals
• technical plants
• vegetables and potatoes
• medicinal and aromatic plants
• forage crops
• fruits of vineyards
• fruits of fruit trees
• fruits of hop.


On the grounds of a special clause, the insurance may also include :
• the crops within the protected areas (greenhouses and solaria)
• the vineyard schools • the strawberry plantations
•the fruit bushes • the ornamental and decorative plants.    



Covered risks


Two types of risks are covered by the agricultural crops insurance policy: 

• General risks: fire started by any cause, only in strict compliance with the crop guarding standards and the fire prevention and fighting norms, fire started by natural causes (thunder), pouring rains, storms with winds of less than 80 km/h, hail, slipping /collapse / falling of land, premature autumn freezing, late spring freezing.    

• Special risks: by derogation from the insurance conditions, on the grounds of a special clause and additional insurance quotations (premiums), among the risks excluded, under the insured conditions upon the client’s request and with the insurer’s approval, there may also be covered within some extents established by the insurer:  
the winter freezing
the flooding by pouring rain drought
delay of harvesting because of long term rain 

Insurance premium

The dimension of the insurance premium may be influenced by:
• the sensitivity of the crop to the insured risk factors • the frequency of the risk factors action
• the location of the agricultural crops per counties
• the dimension of the insured amount, which, depending of the means of the insurance conclusion may cover the level of the direct technological expenses for production or value of production.   

The insurance premium may be paid integrally or in installments due at certain terms to be established by Contract.  

Compensation

For the insurance of the agricultural crops, the fruit of vineyards, of fruit trees and of hop, the compensation will be paid after the damage evaluation, depending on:   

• the means of insurance conclusion, expressly mentioned in the Insurance Policy, respectively, for the coverage of the direct technological expenses for production or production value• the proportion of the damage according to the destruction degree, total or partial, respectively. 

The destruction (damage) degree represents the percentage ratio between the value of the average production loss following the event and the value of the average production which could have been obtained if the event had not occurred. 

The compensation are awarded within at most 30 days from the damage acknowledgement.


 
The insurance period is the agricultural year, and the Insurance Contract may be concluded in any moment of the calendar year, but one month before the harvesting of the respective culture, at most. 

2. Insurance of the birds laying eggs, of apiaries, of pets against the harmful effects of the natural risk factors

Applicability:
bovines and bubaline six months to tem years old, inclusively
sheep and goat six months to five years old inclusively
horses for drafting one year to ten years old including race horses and studs
sows or boars six months to three years old and fattening pigs of over 30 kg
pedigree dogs four months to seven years old inclusively   
  

Insured risks:
- diseases (internal, obstetrical, infectious and surgical), which cause de death of the animal - accidents caused by fire, explosion, thunder, earthquake, falling or slipping of land,  flooding, storms, storm, blizzard, snow  avalanches, hail, wild animals attacks, asphyxiation, injury, hitting.
There are also covered:
- the acute tympanites of animals because of forage
- dystocia (difficult labour) only with the assistance of a Veterinary Physician  

    

Mandatorily:
 a risk inspection and a correct evaluation will be performed by a representative of the insurance company.

 

Advantages:
the animals are insured at the same values and under the same conditions both for the natural persons and the legal persons the insured animals may be wagered or mortgaged in the view of obtaining a credit the insurance premiums payment may be done in installments   

Insurance of the animals effective

Applicability:
The insurance may include:
the bovines and bubalines,
 the horses and the mules,
 the sheep and the goat,
 the swine, per categories constituted under the following criteria:

• Groups of species
The bovine and the bubaline (bulls, oxen, cows, buffalos, buffalo cows)
The horses and the mules (stallions, horses, mares, mules, donkeys)
The sheep and the goat (buck, wethers, sheep, goats, he-goats)
The swine (boars, pigs, sows)

• Classes of quality: 
Common animals
Animals of good stock.

On the grounds of a special clause, the following bird species may be included in the insurance:    hens, geese, ducks, turkey hens, pheasants, ostriches, per categories constituted in regard to the species, breed, age, destinations /productions and means of exploitation. 


 

- General risks:
 the risks which may lead to the accident or death of the animals (hails, storms, fire, thunder, explosion, slipping of lands, theft, strikes or civil unrest, hitting by vehicles)

- Risks of accidents and diseases:  
• strikes or injuries, falling of animals or falling on the animals of different bodies, siriasis, drowning, action of electricity, asphyxiation, drowning, internal lesions caused by the swallowing of different objects.    
• attacks of wild animals or of other animals, snake bites, poisonous insects sting • consequences of castration and of other surgical procedures or treatments performed by authorised Veterinaries.   
• sudden intoxication with herbs, toxic substances or drugs,
 acute tympanites because of forage 
• intoxications of the animals with the drugs administered in prophylactic or curative purposes • medical, obstetrical, and surgical diseases; accidents caused or favoured by diseases 
• accidents or diseases caused intentionally to the animals or by the fault of identified third party persons• sacrifice for need from the sanitary and veterinary authorities following the occurrence of an insured risk causing the imminent death of the animals   

Insured amount
For the calculation of the insured amounts the proving documents certifying the value of the animal (documents and purchase invoices, receipts or certificates) will be taken into account or, if such documents are missing, the prices on the local market of an animal of the same breed, gender, age, production /weight will be taken into account).      

During the policy validity period, the insured is bound to:
• appropriately maintain the animals• comply with the hygiene, breeding and exploitation of animals regulations• inform the insurer regarding the situations leading to the increase of the risk  

Should one of the covered risks occur, the local representatives of the insurer will be notified, as well as the Town Hall and the sanitary and veterinary authorities. 

Compensation
In case of total damage, in this case, death of sacrifice of animals without compensation, the compensation will be awarded within the insured amounts limits.  
In case of partial loss the net loss following sacrifice will be awarded and /or the expenses incurred for the veterinary rehabilitation or recovery, on the grounds of the proving documents. 


 

Insurance of birds


On the grounds of this Insurance Policy the birds of the Gallinacean species may be insured, the chicken for meat (broiler) and the hens laying eggs, respectively. 

The insurer will compensate the insured for the death of the birds, caused by:


• fire
• thunder 
• explosion
• falling of the building or of parts of the building where the birds are bred (as a consequence of a storm, of the weight of snow, the hitting by a vehicle, an earthquake, a slipping of land)
• asphyxiation caused by the fire 
• accidental mechanical asphyxiation
• accidental damage to the acclimatisation installations 
• intoxications
• theft by breaking and entering

The facultative insurance of forests


Applicability:
The forests both on the legal and /or natural persons’ having the headquarters /domicile or residence in Romania property land and the ones on the land received for use or taken for farming by such persons may be insured.   

Covered risks
Destruction (total damage) or damage (partial damage) to the forests in case of: 
• fire
• thunder
• storm
• snow weight
• explosion
• plane crashes 

Insurance validity:
The insurance may be concluded at any moment during the year and it is valid for one year.

The insured amount The amount at which the insurance is concluded is established according to the insured’s request, but it may not exceed the amount obtained by the multiplication of mc/ha of timber species and the price per mc /timber species.    

The insurance premium The insurance premiums will be paid in advance and integrally or in equal half-annually or quarterly installments.

 

The facultative insurance of emu birds and ostriches


Applicability: 


This insurance policy mat be contracted by any natural or legal person with the headquarters /domicile or residence in Romania, owning emu birds or ostriches, present in exploitation for more than 45 days.  
The emu birds or ostriches to be insured have to six months to ten years old inclusively, and be individually designated. 

 

Covered risks


Perish of the emu birds and ostriches following the occurrence of medical, obstetrical, surgical diseases and of accidents. 

 

Insurance Validity


The facultative insurance of emu birds and ostriches is concluded for a period of one year. 

The insurance premium



The amount at which the insurance is concluded /capita is established according to the insured’s request and may not exceed the purchase value or the replacement value existent ion the local market.

The insurance premium



The insurance premiums will be paid in advance and integrally or in half-annually or quarterly installments. 

The facultative insurance of bee families



Applicability:


Any natural or legal person with the headquarters /domicile or residence in Romania, having bee families of at least ten standard frames having spawn and/or food, well-covered by bees during the active period or seven standard frames during the inactive period.   

 

Only apiaries of at least 20 bee families will be taken into account.

Covered risks
The insurance is concluded to cover the risk of perish of the bee families following the occurrence of diseases or accidents. 

Insurance validity 
The insurance may be concluded at any moment during the year and it is valid for one year from the moment of the Insurance Contract conclusion. Upon request, the insurance may also be concluded for periods less than one year, but of at least three months. 

Insured amount
The insured amount is calculated as a product between the number of bee families, the number of kilogrames of honey /bee family and the price /kilogram /honey type.

The price /kilograme /honey type must not exceed:


  
• the value specified in the contract for the honey production valuation for the producers having concluded such contracts with third parties. 
• the honey value on the local market, for the products not having concluded contracts for the honey production valuation with third parties.  

The insurance premium
The insurance premiums will be paid in advance and integrally or in half-annually or quarterly installments.

The facultative insurance of fish



Applicability:



Any legal and /or natural person with the headquarters /domicile or residence in Romania, having as object of activity the breeding of fish in captivity – fish arrangements – (pools, trout farms, water holes, artificial reproduction stations, buoyant fish wells, other installations meant for fish reproduction and breeding).


 

Covered risks


- storms- avalanches- falling / slipping of land - natural calamities (flooding, drought, earthquakes)- attacks of prey animals - proved theft- diseases caused by identifiable pathogenic agents.


   

Insurance validity


The insurance may be concluded at any moment during the year and it is valid for one year.

Insured amount


The amount at which the insurance is concluded is established according to the insured’s request, on the grounds of the stock insured within the facility, as follows:   
the production cost resulting from the accounting documents; the fixed value established by the insured and agreed by the insurer.

The insurance premium


The insurance premiums will be paid in advance and in half-annually or quarterly installments.

The facultative insurance of pets



Applicability:


Any legal and /or natural person with the headquarters /domicile or residence in Romania, who owns a cat or a dog.

Covered risks
The perish of the animal, as a consequence of:
• diseases:  surgical, obstetrical and medical;• accidents caused by: fire, flooding, thunder, earthquakes, snow avalanches, falling or slipping of land, flooding from pouring rain; asphyxiation, drowning, sudden hitting or injuries, falling on the pet of different bodies, burns, insect stinging, syncope of the body during a surgical procedure performed urgently by a Veterinary Physician in the view of maintaining the animal alive.  

       

The health insurance covers: 


• the cost of the real surgical procedure, as result of an internal, surgical, obstetrical disease or an accident; • the cost of the treatment after the surgical procedure for internal, surgical, obstetrical, diseases and accidents.  

Insurance validity


The insurance is valid for one year.

Insured amount


The amount is established by the insured, with a minimum imposed and a maximum threshold which may not exceed the value on the market of the insured animal. The insured amount may be established in lei or in foreign currency.

The insurance premium


The insurance premiums will be paid in advance and integrally or in quarterly installments.