About 10 thousand head of cattle and more than 1 million birds are insured in Kazakhstan

Published 2021년 10월 14일

Tridge summary

Kazakhstan has launched a voluntary pet insurance system, providing a 50% subsidy on premiums for any risks, including infectious diseases, theft, and natural disasters. The program, operated by the Baiterek Holding's subsidiary, covers domestic animals with a minimum of 30 heads, and costs between 1.5 to 5% of the insured value. So far, the program has received 3.4 billion tenge from the state budget and has insured over 10,000 heads of cattle and over 1 million birds, with subsidies totaling almost 54 million tenge.

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Original content

Kazakhstanis can insure pets under the new system Since last year, a new voluntary pet insurance system has been introduced in the country. It provides for any risks and provides state support in the form of subsidizing 50% of the amount of the insurance premium. The operator in the implementation of the program is the subsidiary of the Baiterek Holding, the Fund for Financial Support of Agriculture. Its advantages are reported in the report of the Khabar 24 TV channel. “I insured half of the livestock. This is about 2 percent of the tariff, about 60 thousand tenge. The Fund for Financial Support of Agriculture returned half of them to me. Well, if something happens to the livestock, they will pay me insurance for each head within the next three days, ”says entrepreneur Anuar Amantayuly, who recently took up animal husbandry, took out a loan under the“ Enbek ”program and purchased about two hundred sheep and decided insure some of them. Together with a farmer from the Kerbulak ...

Source: Agrosektor