Pashu Dhan Bima Yojana

Buy complete insurance cover for indigenous cattle

Benefits of Buying Pashu Dhan Bima Yojana Policy

The rural insurance policy is designed to offer insurance cover to indigenous cattle owned by farmers, cooperative societies, dairy farms and the like.

Offers cover to indigenous cattle, which are owned by farmers, dairy farms, cooperative societies.

The total amount insured shall not exceed 100% of the Market Value.

Animal breed, area, and location vary the Market Value.

Covers Natural accidents, unpredictable circumstances.

Cover death of cattle due to diseases, surgical operations, a terrorist act.

Security is provided in case of Strike, Riot and Civil Commotion risk.

It covers surgical operations.

It does not cover partial disability, be it permanent or temporary.

What it covers?

Security in case of death of cattle shall be provided for the following: -

Natural accidents. (flood, famine, earthquake, etc.)
Unpredictable circumstances. ( Accidental in Origin.)
Diseases.
Surgical Operations.
Terrorist Act.
Strike, Riot and Civil Commotion risk.

Exclusions

Insurance cover shall not be provided for Death or loss due to: -

Negligence, unskilled treatment or animal’s use (without Company’s consent) for purposes beyond the policy’s guidelines.
Such diseases/accidents that were contracted prior to the policy’s commencement.
Intentional killing, however, killing under legal and/or veterinarian’s supervision is an exception.
Air or sea transport and transit beyond 80 kilometers.
Death due to Pleuropneumonia in Lakhimpur and Sibsagar District of Assam
Any kind of partial disability, be it permanent or temporary.
Damage due to war, nuclear exposure, theft, secret sales or a missing case of an insured animal.
Animal’s demise within 15 days of policy’s inception.
'No tag-No claim' provision is applicable to the policy.

Cancellation

We may cancel this Policy by sending 15 days’ notice in writing by Regd. A.D. to You at Your last known address. You will then be entitled to a pro-rata refund of premium for the unexpired period of this Policy from the date of cancellation, which We are liable to repay on demand. You may cancel this Policy by sending a written notice to Us. We will then arrange a refund after retaining the premium based on the following Short Period scale.

Cancellation Period	Refund
Within One Week of inception of cover	25% of premium
Beyond One Week of inception of cover but within 15 days of inception of cover.	12.5% of Premium
Beyond 15 days of inception of cover	NIL

FAQs

What age group is required?

Milch cows	2 years (or age at 1st Calving) to 10 years.
Milch Buffaloes	3 years (or age at 1st Calving) to 12 years.
Stud Bulls	2 years(or earlier, i.e. age at sexual maturity) to 8 years
Bullocks(Castrated bulls/ Male Buffaloes)	2 years to 12 years
Indigenous/ 1st exotic cross breed female calves/ heifers	4 months to the date of 1st calving or minimum age limit for adult female animals as above.
Animals of ages in years shown below shall be accepted under the Standard Insurances Policy subject to health certificate from a Veterinary Surgeon.

How is valuation and sum insured decided?

Verified Veterinarian’s guidance is to be deemed proper for fair acceptance of claim’s settlement or insurance proposal. Animal’s breed, area and location vary the Market Value and the total amount insured shall not exceed 100% of the Market Value.

Indemnity.

Death Only : This case covers sum insured or market value prior to illness, whichever is less.

Policy Cancellation Details

We may cancel this Policy by sending 15 days’ notice in writing by Regd. A.D. to You at Your last known address. You will then be entitled to a pro rata refund of premium for the unexpired period of this Policy from the date of cancellation, which We are liable to repay on demand. You may cancel this Policy by sending a written Notice to Us. We will then arrange a refund after retaining the premium based on the following Short Period scale.

Cancellation Period	Refund
Within One Week of inception of cover	25% of premium
Beyond One Week of inception of cover but within 15 days of inception of cover.	12.5% of Premium
Beyond 15 days of inception of cover	NIL

Download Our App: