Risk Management and Insurance
Sponsored by – National Livestock Mission (NLM)
This project is being implemented in all the 13 districts of the state. The objective of the project is to minimize risk associated with death of herd animals during disasters, accidental deaths and death due to other unprecedented events. Under this project 05 units of each sheep, goat and rabbit farmers will be insured (01 unit = 10 small ruminants and rabbits).
Following table illustrates the share of each party:
| Area | Insurance Period | APL (Insurance Premium Share in %) |
BPL/SC/ST (Insurance Premium Share in %) |
||||
| Beneficiary | Central | State | Beneficiary | Central | State | ||
| Plain Area | 1 Year | 50 | 25 | 25 | 30 | 40 | 30 |
| 3 Year | 50 | 25 | 25 | 30 | 40 | 30 | |
| Hilly Area | 1 Year | 40 | 35 | 25 | 20 | 50 | 30 |
| 3 Year | 40 | 35 | 25 | 20 | 50 | 30 | |
Insurance Premium Rates
1.94% for 1 year and 5.04% for 3 years. Service Tax Additional
(Permanent Total Disability not included)
2.39% for 1 year and 6.29% for 3 years. Service Tax Additional
(Permanent Total Disability included)
Insurance Company
The Oriental Insurance Company Ltd. Dehradun and Hindustan Insurance Brokers Ltd.
Farmers may contact their nearest Veterinary Hospital for insurance of the livestock.
Contact details along with address of above mentioned Insurance Company:
| The Oriental Insurance Company Ltd. Dehradun, Uttrakhand 24-A, IIIrd Floor, NCR Plaza, Dehradun Ph. 0135-6455194 Fax- 2746288 Email- sahu.danu@orientalinsurance.co.in Web site-www.orientalinsurance.org.in |
Hindustan Insurance Brokers Ltd. 201-202, Bhanot Chember-III, Aaram Bagh Behind (Heart & Lung Hospital), Panchkuliya Road, New Delhi, Ph. 011-23520351,64568920,32959656 Mob. 9595900681, 9599590069 Email- cattle@hibl.in Web site- www.hibl.in |
