News

Kazakhstan has started accepting applications for crop insurance against drought for grains and oilseeds for 2024

Grains, Cereal & Legumes
Kazakhstan
Sustainability & Environmental Impact
Innovation & Technology
Published Mar 1, 2024

Tridge summary

The Agricultural Credit Corporation has opened applications for crop insurance against drought for grains and oilseeds for 2024. Applications can be submitted online via the Kezekte.kz platform, with deadlines of April 1 for grain crops and April 15 for oilseeds. The insurance covers soil moisture deficiency from June 15 to September 14, with rates and maximum payouts varying between 4% and 6.1%, and 33% and 48% of the insured amount respectively. Only farmers from ten specified regions are eligible to apply.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Agricultural Credit Corporation announces that insurance companies have begun accepting applications for crop insurance against drought for grains and oilseeds for 2024. According to the company's press service, insurance takes place online on the Kezekte.kz platform. As specified, applications for crop insurance against drought (phases 2 and 3) will be accepted for grain crops - until April 1, for oilseeds - until April 15. Basic conditions of the insurance product: — the period of insurance protection against soil moisture deficiency (second phase) covers from June 15 to September 14. In this case, the insurance rate is 4% of the insured amount; the maximum insurance payment is 33% of the insured amount. — the insurance coverage period for the third phase is from May 15 to September 14. At the same time, the ...
Source: Agrosektor
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