Pune, 3 December 2022: HDFC ERGO General Insurance Company, a leading general insurance company of India, has been authorized by the Government of Maharashtra to implement the Restructured Weather Based Crop Insurance Scheme (RWBCIS) for loanee and non-loanee farmers in Jalna, Aurangabad, Akola, Hingoli, Beed, Parbhani, Sangli, Satara, Latur, Kolhapur, Thane and Wardha for the Rabi, 2022 season. All the products under Restructured Weather Based Crop Insurance Scheme (RWBCIS) are approved by the Department of Horticulture and Farm Forestry, Government of Maharashtra.
RWBCIS offers to cover seasonal perils i.e. Excess / Deficit Rainfall Cover, Temperature, Consecutive Dry Day Cover, and Relative Humidity Cover which has been notified by the Department of Agriculture, Govt. of Maharashtra. The crop covered under the scheme for the notified districts are Banana – Tissue Culture, Grape, Mango, Mosambi (sweet orange), Orange, Papaya, Pomegranate and Cashew. The last date of obtaining the cover for the crops notified under this scheme is provided in the below table. The claim amounts will be settled based on the weather index & parameters notified in Annexure 2 of the term sheet.