One of the key features of this insurance is that it covers the performance losses as a result of climate risks that could affect production, the risk of fire.
Hailstone, excessive rainfall, lack of soil, strong winds, frosts and fire
- Insured sum: It covers farming investments carried out in an aggregate way of all establishments before a potential loss as a result of a fall in yield, produced by any covered event.
- Calculation of income:
- ROij: Yield obtained by hectare of each one of the crops over each field and in each location.
- SAij: Insured surface for each crop and in each defined location.
- Pi: Reference price for each crop, defined by contract.
- PIJ%: Participation percentage of the customer in the total investment for each crop and establishment.
For the purposes of the calculation of the obtained yield, it shall be considered the physical output before harvest established by experts of our insurance company, taking into account variation in weight suffered by grain so as to correct their humidity content to levels of commercialization standards.