Information

TYPES OF POLICIES

Traditional Hail Policy

This policy reimburses damages above 6% of the total. Exceeding this percentage the appraised amount is paid in full. Policies are purchased in quintals (100kgs or 220 lbs) and the reimbursements expire after the regular harvest season. Fire and reseeding coverage is free of charge.

 

Decreasing Franchise Hail Policy

This is an alternative to the Traditional Policy, and was thought as a valid option for those producers who wish to cover part of the risks and receive considerable discounts on the premiums in exchange. With this system, the producer rescinds from minor reimbursements, without giving up major ones. The originality of this modality resides in that, as damage increases, the franchise diminishes. In all cases, the indemnifications reach 100% when it’s a total loss. This product may also have the extras of fire and reseeding added free of charge. Franchises can be 10, 20, 30 and 40%.

Hail + Wind Damage Policy

Hail with Wind Damage policies have a 20% franchise and an additional premium depending on the crop and the region.   Fire and reseeding are included free of charge.