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Email this Page Agriculture is the backbone of our country and your contribution as a farmer keeps the economy of the nation thriving. Unfortunately all your efforts are at the mercy of nature, which is very unpredictable. While you surely have had bumper crops in various years but you also definitely remember the bad years when the weather played truant and all your efforts came to naught.
IFFCO-TOKIO’s Restructured Weather Based Crop Insurance Scheme (RWBCIS) is the perfect balm to the malady of abnormal weather which causes losses to your precious crops.
IFFCO-TOKIO Restructured Weather Based Crop Insurance Scheme (RWBCIS) covers financial losses on account of anticipated crop loss resulting from adverse weather perils viz. (i) Rainfall (deficit rainfall, excess rainfall, unseasonal rainfall, consecutive rainy days, dry spells, dry days), (ii) Temperature [High temperature (heat) or Low temperature], (iii) Wind Speed, (iv) Relative humidity or combination of these weather perils in (i) to (iv). Hailstorm and/or Cloud-burst can also be covered as add-on covers. The perils listed here are indicative and not exhaustive.
For Government sponsored weather insurance schemes the perils to be covered would be as per the Government notification and any addition/deletion of perils can be considered.
Restructured Weather Based Crop Insurance Scheme (RWBCIS) can cover various a) Food Crops (cereals, Millets and pulses ) b) Oilseeds c) Commercial /Horticultural Crops.
Certain exigencies which are excluded from the Policy are as follows:
This Policy is suitable for all farmers (landlord, sharecropper or tenants) having landholding in the identified area.
In case of a claim becoming payable based on the certified weather data, IFFCO-TOKIO will inform you of the same. The claim will be paid to you after the minimum documentation and verification formalities are completed.