Plant Insurance ~ Insurance Academy

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Plant insurance is insurance that provides replacement or compensation for the risks that occur in plants. These risks include, among others, fire, flood, riots or riots, drought, attacks by pests and diseases/Plant Destruction Organisms or OPTs that cause losses to farmers’ businesses.

Based on the organizers, there are at least two types of crop insurance, namely insurance administered by the government and by insurance companies autonomously. Insurance organized by the government in the form of agricultural insurance. Meanwhile, insurance organized by insurance companies autonomously is in the form of growing tree insurance, ornamental plant insurance, and so on.

Agricultural Insurance
The government provides insurance in the form of the Rice Farming Business Insurance program which is abbreviated as AUTP. With this insurance, the government hopes to protect farmers from the risk of crop failure. The risks guaranteed in AUTP include floods, droughts, pest attacks and pests. Pests on rice plants include brown planthoppers, stem borers, walang sangit, golden snails, rats and armyworms. While the diseases in rice plants, among others, tungro, blast disease, stem rot, grass stunt, and empty dwarf. These pests and diseases will cause damage that can result in crop failure so that farmers will experience losses.

The conditions are as follows:
Registration can start at least one month before the planting season begins.
Farmer groups accompanied by PPL and sub-district UPTD fill out the registration form that has been provided.
Paddy Farming Insurance Premium is currently 3 %; where 80% of the premium value will be borne by the government and 20% borne by farmers.
Registration is done by farmer groups and not individually.

If there is a risk to the insured plant, as well as crop damage or crop failure, the AUTP claim will be processed if it meets the specified conditions. With the fulfillment of the terms and conditions of the claim, the insurance company will pay the insurance claim via bank transfer to the farmer group account.

Growing Tree Insurance

Growing Trees Insurance is an insurance product that guarantees the benefits of palm oil and rubber plantation losses due to fires, airplane crashes, losses due to lightning, explosions and smoke.

Crude Palm Oil companies usually require Palm Oil plantations as their basic raw material which can produce Palm Oil seeds which can be processed into various processed products that are useful for the community.

Guaranteed risk:

Growing Trees Insurance provides protection against losses caused by the risk of Fire, Lightning, Explosion, Aircraft Falling, Smoke Disturbance on Oil Palm and Rubber Plants. This insurance also has extended coverage for Riot and Riot (41A-RSMDCC/ASM).

Excluded risks:

Things that are excluded from Growing Trees Insurance are any loss or damage including loss or damage due to fire on the property and/or interest insured that:

Directly caused by:

• Fire or explosion caused by self-combustion or short circuit or arising from the nature of the goods themselves (inherent vice).
• Theft and/or loss during and after the occurrence of events covered by the Policy.

Directly or indirectly caused by or as a result of:

• Willingness of the Insured, intentional service or employee of the Insured or intentional act by another person on the order of the Insured.
• Forest, bush, reed and peat fires.
• All kinds of business disruptions, earthquakes, tsunamis and volcanic eruptions.

Directly or indirectly caused by or arising out of or as a result of the following risks unless there is a specific coverage expansion for such risks:

• Riots, strikes, impediments to work, evil deeds, riots, popular uprisings, takeovers of power, revolutions, rebellions, military force, invasions, civil wars, wars and hostilities, treason, terrorism, sabotage or looting. In a claim, lawsuit or other case, where the Insurer declares that a loss is directly or indirectly caused by one or more of the risks excluded above, it is the Insured’s obligation to prove otherwise.
• Getting hit by vehicles, industrial fumes, landslides, floods, puddles, hurricanes and storms.
• Cleaning fee

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