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Ministry of Agrarian Development Announces Renewal of Agrarian Insurance Bonus 2023 to Cover 1.6 Million Hectares of Crops in Peru

The Ministry of Agrarian Development and Irrigation (Midagri) announced the renewal of the Agrarian Insurance Bonus 2023 (or Catastrophic Agricultural Insurance), for the 2023-2024 agricultural campaign, which seeks to cover more than 1.6 million hectares of crops throughout Peru.

YOU CAN READ ► Fertiabono 2 link consultation with DNI: What to do if you could not collect the subsidy?

What is the 2023 Agrarian Insurance Bonus?

He Agrarian Insurance Bonus 2023, officially called “Catastrophic Agricultural Insurance (SAC)”, is free insurance, financed 100% with State resources, to reduce the vulnerability to which the crops of small farmers with limited resources are exposed. The amount of this subsidy is 800 soles per hectare affected (maximum 10) by natural phenomena, such as:

  • Drought
  • Hail
  • Snow
  • Excessive or untimely rain
  • High temperatures
  • Avalanche
  • Glide
  • Strong winds

It also considers the effects of fires, pests and predators, flooding, diseases, lack of land to harvest, volcanic eruption, earthquake, frost, drought, environmental pollutionamong others.

Who receives Agrarian Insurance 2023?

The beneficiaries of the Catastrophic Agricultural Insurance 2023o Agrarian Insurance Bond, They are small producers with limited resources and dedicated to subsistence family farming, who have been affected by climatic and natural damage.

How to collect Agrarian Insurance 2023?

For collect Agrarian Insurance 2023this procedure must be followed:

  • In case of tragedy, the producer must notify the Agrarian Agency or Office.
  • Through the DRA/GRAthe Agrarian Agency informs the insurance company chosen for the agricultural campaign of the incident.
  • The insurance company appoints an adjuster for the field evaluation and adjustment (15 business days).
  • The adjuster evaluates the damages and presents the evaluation report.
  • If the adjustment report indicates catastrophic loss, the company coordinates with the DRA the registration of registerswithin 30 days following the date indicated in the minutes.
  • The payment proceeds.

Can you still collect the subsidy?

The renewal of Agrarian Insurance Bonus 2023 It makes it possible for agricultural producers in Peru to still collect this subsidy.

What are the insurers?

The Trust Management Committee declared La Positiva Insurance and Reinsurance as winner of the process for Amazonas, Áncash, Arequipa, Cajamarca, Cusco, Huánuco, Ica, Junín, La Libertad, Lambayeque, Lima, Loreto, Pasco, Piura, San Martín and Ucayali, by obtaining the highest rating for its economic offer in said regions.

Likewise, it was declared Rímac Insurance and Reinsurance winner of the process for Apurímac, Ayacucho, Huancavelica, Madre de Dios, Moquegua, Puno, Tacna and Tumbes, after achieving the highest rating for its economic offer in the aforementioned locations.

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2023-09-15 03:59:54
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