The lack of a policy reduces aid in the event of a natural disaster in Poland

Published 2021년 10월 6일

Tridge summary

The Ministry of Agriculture in Poland has announced the start of the autumn agricultural insurance sales campaign, with the sales starting on October 1. The ministry has increased the pool of funds for subsidies to agricultural insurance to PLN 900 million for this year. Farmers are required to have an insurance policy for 50% of their cultivated area to be eligible for full state aid in case of unfavorable weather conditions. The state subsidizes up to 65% of the insurance premium, and the maximum sums insured for each year are specified in the ordinance of the Minister of Agriculture. The insurance covers various crops and farm animals from risks such as hurricane, flood, hail, and drought, and farmers can conclude insurance contracts with seven insurance companies.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the absence of an insurance policy for agricultural crops, the national aid granted in connection with the occurrence of natural disasters is reduced by half, reminds the Ministry of Agriculture. The autumn agricultural insurance sales campaign was launched on 1 October. The ministry emphasizes that the pool of funds for subsidies to agricultural insurance for this year has been increased to PLN 900 million. All willing hosts can therefore insure themselves. Having an insurance policy for 50 percent. of the cultivated area, excluding meadows and pastures, is a condition for the farmer to obtain full state aid in the event of unfavorable weather conditions. No policy means support will be cut in half. This also applies to applying for a preferential loan (with an interest rate of 0.5% per annum) to resume production due to a natural disaster. Subsidies to insurance premiums from the state budget are up to 65%. the amount of the contribution. The maximum sums insured for each ...
Source: AgroPolska

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