मौसम आधारित फसल बीमा योजना

मौसम आधारित फसल इंश्योरेंस की जानकारी

Adverse weather conditions are one of the biggest challenges faced by Indian farmers, often resulting in significant crop losses. Recognising this, the Weather Based Crop Insurance Scheme (WBCIS) was introduced to provide financial security and mitigate the hardships of farmers. Unlike traditional crop insurance that relies on yield-based assessments, WBCIS uses weather parameters such as rainfall, temperature, and humidity as "proxies" to calculate losses. This innovative approach ensures faster claims processing and transparency, providing a lifeline to farmers nationwide.

Objective of Weather Based Crop Insurance Scheme

The Weather Based Crop Insurance Scheme aims to safeguard farmers from financial distress caused by unpredictable weather. Key objectives include:

- Mitigating crop losses due to adverse weather conditions like drought, excess rainfall, and frost.

- Encouraging farmers to adopt modern and resilient farming techniques.

- Providing financial stability and enhancing confidence in agricultural practices.

- Promoting the use of technology for weather data collection and assessment.

- Offering faster and transparent claim settlements based on weather triggers.

Benefits of Restructured Weather Based Crop Insurance Scheme

The Restructured Weather Based Crop Insurance Scheme (RWBCIS) provides several benefits:

- Reduced Risk: Farmers are safeguarded against weather uncertainties.

- Cost-Effective: Affordable premiums ensure easy accessibility.

- Quick Claims: Automated processes enable faster payouts.

- Enhanced Transparency: Weather data ensures impartial claim settlements.

- Wider Reach: Covers food crops, oilseeds, and commercial crops.

By addressing both financial and operational challenges, RWBCIS strengthens the agricultural ecosystem.

Comparison between National Agricultural Insurance Scheme (NAIS) and Weather Based Crop Insurance Scheme (WBCIS)

While both schemes aim to protect farmers, WBCIS offers a more streamlined and efficient approach. Here's a comparison:

- Risk Coverage: NAIS covers all risks, including pest infestations, while WBCIS focuses on weather-related risks like rainfall, temperature, and humidity.

- Data Requirements: NAIS relies on historical yield data (10+ years), whereas WBCIS requires up to 25 years of weather data.

- Claim Assessment: NAIS involves crop-cutting experiments, making it time-consuming. WBCIS eliminates this process by using weather data for quicker claim settlements.

- Transparency: WBCIS offers higher transparency as it uses objective weather parameters for payouts.

- Cost: NAIS incurs high assessment costs, while WBCIS significantly reduces these costs through its parametric model.

How Does the Weather Based Crop Insurance Scheme (WBCIS) Operate?

The Weather Based Crop Insurance Scheme operates on an “Area Approach,” ensuring uniformity in claim assessments for all farmers within a designated area. Key operational aspects include:

- Reference Unit Area (RUA): Defined by the State Government, this is the basis for compensation.

- Weather Triggers: Payouts are triggered based on deviations in weather parameters like rainfall or temperature from pre-defined norms.

- Reference Weather Stations (RWS): Each RUA is linked to an RWS that collects data to assess claims.

- Adverse Weather Incidences: Farmers are compensated when adverse weather conditions result in crop losses as per the predefined thresholds.

This area-based model simplifies claim processing and ensures timely payouts for affected farmers.

*मानक नियम व शर्तें लागू

कवर किए गए किसान

All the farmers including sharecroppers and tenant farmers growing the notified crops in the notified areas are eligible for coverage under this scheme. However, farmers should have insurable interest on the insured crop. The non-loanee farmers are required to submit necessary documentary evidence of land records and/or applicable contract/ agreement details (in case of sharecroppers / tenant farmers).

अधिसूचित फसलों के लिए, फाइनेंशियल संस्थानों (लोनी किसानों) से मौसमी कृषि संचालन (एसएओ) लोन लेने वाले सभी किसानों को अनिवार्य रूप से कवर किया जाता है.

The Scheme is optional for the non-loanee farmers. They can choose between WBCIS and PMFBY, and also the insurance company based on their requirements.

Weather Perils Covered Under WBCIS

The Weather Based Crop Insurance Scheme offers protection against a variety of weather-related risks, including:

- Rainfall: Deficit, excess, unseasonal rainfall, dry spells, or rainy days.

- Temperature: Extreme heat or cold.

- Humidity: Deviations in relative humidity.

- Wind Speed: High wind speeds lead to crop damage.

- Add-on Coverage: Hailstorms and cloudbursts, provided farmers have basic coverage.

These parameters are designed to address the diverse challenges faced by farmers.

Premium Rates of Weather Based Crop Insurance Scheme

The premium rates for WBCIS are designed to be affordable for farmers while ensuring comprehensive coverage:

1. Kharif Season: 2% of the Sum Insured (SI) for food and oilseed crops.

2. Rabi Season: 1.5% of the SI for food and oilseed crops.

3. Commercial/Horticultural Crops: 5% of the SI for both Kharif and Rabi seasons.

The government subsidises the remaining premium amount, ensuring that farmers pay only a nominal share.

जोखिम की अवधि (बीमा अवधि)

जोखिम की अवधि आदर्श रूप से फसल बोए जाने से उसकी मेच्योरिटी तक होगी. फसल की अवधि और चुने गए मौसम मानदंडों के आधार पर जोखिम की अवधि, व्यक्तिगत फसल और रेफरेंस यूनिट एरिया के अनुसार अलग-अलग हो सकती है. फसल इंश्योरेंस संबंधी राज्य लेवल समन्वय समिति (एसएलसीसीसीआई) द्वारा जोखिम की अवधि को इसके शुरू होने से सूचना किया जाएगा.

How to Apply for Weather Based Crop Insurance Scheme?

Farmers can apply for WBCIS through the following steps:

- Visit the nearest bank or agricultural cooperative offering WBCIS.

- Submit required documents, such as land ownership proof or tenancy agreements.

- Choose the desired coverage between WBCIS and PMFBY based on specific needs.

- Pay the premium, either directly or through financial institutions, for loanee farmers.

- Ensure all details are accurately recorded to facilitate smooth claim processing.

क्लेम्स

1. अहमदनगर

2. हिंगोली

3. बीड

4. अमरावती

5. औरंगाबाद

6. जलगांव

7. लातूर

8. पालघर

9. परभणी

10. सांगली

11. सतारा

12. ठाणे

13. शोलापुर

14. वाशिम

15. यवतमाल

Claim Procedure of Weather Based Crop Insurance Scheme

Claim settlement under WBCIS is streamlined for faster resolution. Key steps include:

- Claims are triggered automatically based on weather data from notified Reference Weather Stations (RWS).

- Weather deviations are assessed against pre-defined triggers for each crop and region.

- Farmers do not need to file individual claims; payouts are processed automatically.

- Payouts are credited directly to farmers' accounts, reducing delays.

- The process ensures complete transparency, relying on government-verified weather data.

This efficient process minimises bureaucratic hurdles and provides timely relief to farmers.

*Claims are subject to terms and conditions set forth under the insurance policy.

बैजिक की भागीदारी

- फाइनेंशियल वर्ष 2016-17 में, बैजिक ने आंध्र प्रदेश, छत्तीसगढ़, महाराष्ट्र और तेलंगाना राज्य में आरडब्ल्यूबीसीआईएस लागू किया.

- फाइनेंशियल वर्ष 2017-18 में, बैजिक ने छत्तीसगढ़, महाराष्ट्र, तेलंगाना और उत्तर प्रदेश में आरडब्ल्यूबीसीआईएस लागू किया.

- मौजूदा साल में हमने राजस्थान, उत्तर प्रदेश और छत्तीसगढ़ में आरडब्ल्यूबीसीआईएस लागू किया है.

- किसानों की स्वीकृत लिस्ट के लिए यहां क्लिक करें - रबी 17-19 - महाराष्ट्र.

- रबी 2017 क्लेम प्रति यूनिट विवरण (एमएच) के लिए यहां क्लिक करें

- रबी 2016 क्लेम प्रति यूनिट विवरण (एमएच) के लिए यहां क्लिक करें

Secure Your Crops with Weather-Based Insurance Today!

The Weather Based Crop Insurance Scheme (WBCIS) is a game-changer for Indian agriculture, offering a cost-effective and transparent solution to mitigate weather-induced crop losses. Its innovative approach not only empowers farmers but also ensures sustainability in farming practices. By leveraging weather data and technology, WBCIS addresses the unique challenges of Indian agriculture, providing timely support and financial security to farmers.

Bajaj Allianz General Insurance Company remains committed to promoting this revolutionary insurance model, ensuring better resilience and growth for India’s agricultural sector.