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Crop Insurance :: The New india Assurance Co Ltd

Silk worm insurance scheme

Highlights 

This insurance scheme is applicable to Univoltine, Bivoltine and multivoltine breed of Silkworm of mulberry leaves only.

Scope 

Policy covers total loss or destruction of the cocoons, following the death of silkworm due to accident or disease during the period of insurance.

Exclusions

  1. Diseases contracted prior to or within 5 days from the date of commencement of risk
  2. Loss due to natural mortalities
  3. Loss due to improper management and/or rough handling
  4. Theft or clandestine sale

Extension 

Policy may be extended at extra premium, to cover loss of cocoons due to accident during transit from the insurer's farm to the cocoon market.


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