Lto sheep production It has comprehensive insurance that covers it against climatic damage, attacks by predators and fires, but the initiative places special emphasis on small producers with fewer than 400 sheep.
The signing of the agreement between the Bank of State Insurance (BSE) and the Ministry of Livestock, Agriculture and Fisheries (MGAP) was carried out today, establishing a subsidy for family producers with funds from the General Directorate of Rural Development.
MGAP and BSE worked together on the design of a comprehensive insurance for flocks, but the project had the advice of the Rural Development Directorate, the Agricultural Programming and Policy Office, the Uruguayan Wool Secretariat and the Agricultural Plan Institute.
The agreement document was signed by the Minister of Fernando Mattos, the president of the Insurance Bank, José Amorín Batlle, but was also attended by the General Director of MGAP, Fernanda Maldonado, and the bank’s vice president, Silvana Olivera.
This comprehensive insurance includes several risk coverages in addition to the attack of predators and dogs. Its coverages are: post-shearing, for climatic events that generate hypothermia after shearing, other climatic events, fire and epidemic diseases.
The producer will be able to choose the combination of coverages that he deems convenient according to the risks he faces, highlighted the Ministry of Livestock, Agriculture and Fisheries.
The TIPS resolved to facilitate the access of family producers to this insurance through a subsidy to the premium that will be financed with funds from the General Directorate of Rural Development. The subsidy percentages range from 15% to 50% of the value of the premium and are applied by ranges of flock size up to a maximum of 400 animals per producer according to the following detail: Between 3 and 49 animals, 50% is subsidized; From 50 to 99 45%; From 100 to 149 40%; From 150 to 199 35%; From 200 to 249 30%; From 250 to 299 25%; From 300 to 349, 20% and from 350 to 399, 15%.
This measure mirrors the bonuses that the BSE will provide to all sheep producers with more than 400 animals, but inversely: the subsidy percentage will be greater the smaller the number of sheep that the family producer has.
The agreement that was signed implements the distribution of the subsidy. The producer will be responsible for the fee, part of the cost of the insurance that corresponds to pay and the MGAP will pay the BSE the amount corresponding to the subsidy. To ensure the low cost of insurance for family sheep production, the support of the agricultural institutions linked to this item will be available for the evaluation of damages in the event of claims of accidents.
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