[Korea gimmingyeong financial newspaper reporter] NH Agriculture, Forestry and Livestock and Food and Agricultural Insurance has launched the sale of 24 days 'rice' crop disaster insurance. Join period Jeddah June 09 Watch.
'Paddy' insurance is a product that compensate the damage caused by (the damage from birds and beasts), assistant to the fire and natural disasters, including hurricanes, hail, heavy rain, etc. When riders sign up pests it may also be compensated for the damage caused by huinip blight, leaf blight stripes, BPH, blast.
NH Agricultural Insurance will be impossible if the normal shipments due to natural disasters, we established the inability to ensure the harvest this year, the prime contractor pays the insurance, broadened the scope of economic damages farmhouse.
Sign up yields range was also expanded. It was normal to join based on the yields from this year to last year, it was possible to guarantee 110% of normal yields. NH said Agricultural Insurance is a 'normal yields positive results that reflect the needs of the farmers who had ever actually yields more' about it.
This "rice" 50% of premiums the government, about 30 percent of local governments to support farmers contribution is about 20%.
Daily Economic News Finance FNTIMES - commercial reprint, copy, distribute prohibited purposes under the Copyright Act
Copyright ⓒ Korea's Financial News & FNTIMES.com
