Covers summer and winter crops, fruits and nuts against damages caused by natural perils.
The product covers the insured in case of crop yield loss, resulting in loss of income, caused by:
- Transit,
- Chemical Spray,
- Locust damage,
LBIC’s niche subscription affords financial security and protection of crop production investment, for perils that are beyond the insureds’ management control. The crop insurance products and services are exclusively distributed through intermediated model that encompasses underwriting managers, administrators and financial services intermediaries.