| Farms and their products are most important to the Fish, Dairy and Animal farmers and their entrepreneurs. These Farms necessitates protection against loss which would necessarily be damage to growing plantation and death to animals due to a number of reasons. Here you would be able to seek information on the agricultural covers for various types of farming as well as request for quotation on line or ask for a Call Back if you are in UAE. Oman Insurance Company offers various types of farms agricultural or animal which the insured must specify when opting for this type of insurance. The cover under this insurance will indemnify the insured the value of loss at the time of occurring an insured perils. There are a number of conditions and warranties attached to this policy for which insured is required to read carefully and understand.Agriculture Insurance is a special class of insurance and not very popular in this market mainly because of lack of expertise and capacity. Oman Insurance Company, a pioneer in introducing new products to this market, offers insurance solutions under this class of business for: - What is the need for Agriculture Insurance?
- Protects against a potential loss.
- Allows to stay in business after a loss.
- Enhances the borrowing capacity
- Protects farm's investment and future harvests.
- Stabilizes the farm's budget and in addition works as an effective risk management tool.
- What is the exposure?
- Living animals and Plants the source and basis of many dairy products may die not only due to diseases but also due to accidents like storm & lightning.
- Revenue stream expected from the production of milk, meat & other dairy products will stop in the event of any loss therefore,the basic "production factors" and investments made, are at risk.
- Basic information required to start the insurance process
- Management (qualification and experience)
- Loss history for the last 5 to 10 years
For detailed information, please call toll free 800 4746 or email call_center@tameen.ae |