In Kazakhstan, the first insurance contracts for small cattle and poultry were concluded with subsidies in the amount of 50% of the amount

The first contracts for insurance of small ruminants and poultry were signed in Kazakhstan. At the same time, half of the insurance premiums were subsidized to farmers under the new program, according to the Fund for Financial Support of Agriculture. According to the information, a new insurance product for livestock breeders was launched in August this year. It provides comprehensive insurance for small animals, horses and birds, which includes all possible risks. By the end of September, the first contracts were concluded. “The first were entrepreneurs of the Almaty region, who insured 86 heads of small cattle, as well as entrepreneurs of the Karaganda region, who insured 55 thousand heads of poultry. Within the framework of state support under these contracts, insurance premiums were subsidized in the amount of 1.4 million tenge, ”the FFSA informed. As specified in the fund, the new type of insurance provides insurance coverage against death, slaughter, loss of animals and ...