GOVERNMENT OF ANDHRA PRADESH ABSTRACT AGRICULTURE – National Crop Insurance Programme (NCIP) -Weather Based Crop Insurance Scheme (WBCIS) – Kharif 2015 – Notification for Groundnut, Cotton, Red Chilly, Tomato, Oil Palm & Sweet Lime Crops in certain Districts of Andhra Pradesh State for implementation of the Scheme - Notification - Orders – Issued. ================================================== AGRICULTURE & CO-OPERATION (AGRI.II) DEPARTMENT G.O.RT.No. 461 Dated: 16.06.2015 . Read the following : From the Commissioner & Director of Agriculture, Hyderabad, Letter No.Crop.Ins.(2) 9/2015, Dt:15.05.2015. @@@ O R D E R: The following Notification shall be published in the Andhra Pradesh State Extra-ordinary Gazette: N O T I F I C A T I O N The Government of Andhra Pradesh hereby notify for Kharif 2015, the following Crops and the districts for implementation of Weather Based Crop Insurance Scheme (WBCIS) under National Crop Insurance Programme (NCIP). The main features / Operational Modalities of the scheme and Term Sheets vide Annexure I to XI in respect of Cotton, Red Chilly, Groundnut, Tomato, Oil Palm, Sweet Lime are appended to this order. Crop Districts (where the scheme is applicable) Groundnut Kurnool, Anantapur, Kadapa and Chittoor Cotton Guntur and Prakasam. Redchilly Guntur Oil Palm West Godavari Sweet Lime Kadapa Tomato Chittoor Contd...2
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GOVERNMENT OF ANDHRA PRADESH ABSTRACTGOVERNMENT OF ANDHRA PRADESH ABSTRACT AGRICULTURE – National Crop Insurance Programme (NCIP) -Weather Based Crop Insurance Scheme (WBCIS) –
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GOVERNMENT OF ANDHRA PRADESH ABSTRACT
AGRICULTURE – National Crop Insurance Programme (NCIP) -Weather Based Crop Insurance Scheme (WBCIS) – Kharif 2015 – Notification for Groundnut, Cotton, Red Chilly, Tomato, Oil Palm & Sweet Lime Crops in certain Districts of Andhra Pradesh State for implementation of the Scheme - Notification - Orders – Issued.
G.O.RT.No. 461 Dated: 16.06.2015. Read the following:
From the Commissioner & Director of Agriculture, Hyderabad, Letter No.Crop.Ins.(2) 9/2015, Dt:15.05.2015.
@@@
O R D E R: The following Notification shall be published in the Andhra Pradesh State Extra-ordinary Gazette:
N O T I F I C A T I O N
The Government of Andhra Pradesh hereby notify for Kharif 2015, the following Crops and the districts for implementation of Weather Based Crop Insurance Scheme (WBCIS) under National Crop Insurance Programme (NCIP). The main features / Operational Modalities of the scheme and Term Sheets vide Annexure I to XI in respect of Cotton, Red Chilly, Groundnut, Tomato, Oil Palm, Sweet Lime are appended to this order.
Crop Districts (where the scheme is applicable)
Groundnut Kurnool, Anantapur, Kadapa and Chittoor
Cotton Guntur and Prakasam.
Redchilly Guntur
Oil Palm West Godavari
Sweet Lime Kadapa Tomato Chittoor
Contd...2
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2. The claims under NCIP – WBCIS shall be settled on the basis of the Weather data furnished by the APSDPS/State Govt. Mandal Level Rain Gauge Stations/IMD Weather Stations for the notified crops & districts and not on the basis of individual declaration of crop damage Annavari Certificate/Gazette notification declaring the area Drought/Flood/Cyclone affected etc., issued by the Government.
3. The Commissioner & Director of Agriculture, AP, Hyderabad shall take further action in the matter.
4. This order issue with the Concurrence of Finance Department vide their No. 2862/PFS/(R&E/2015, Dt: 22.05.2015.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
T. VIJAY KUMAR SPECIAL CHIEF SECRETARY TO GOVERNMENT (Agri) To
The Commissioner of Printing & Stationery (Printing Wing), Chanchalguda, Hyderabad, with a request to publish the Notification in the Andhra Pradesh Extraordinary Gazette and supply 50 copies of the same.
The Commissioner & Director of Agriculture, Andhra Pradesh, Hyderabad.
Copy to
The Deputy General Manager AIC of India Limited, Hyderabad. The P.S. to Prl. Secy. Secretary to Hon’ble Chief Minister. The P.S. to Hon’ble Minister ( Agri.). The P.S. to Special Chief Secretary to Govt.(Agri). Sf/Sc.
//FORWARDED:: BY ORDER//
SECTION OFFICER.
Notification of Crops under National Crop Insurance Programme (NCIP) - Weather
Based Crop Insurance Scheme for Kharif 2015 season
Andhra Pradesh
THE MAIN FEATURES/OPERATIONAL MODALITIES
The Department of Agriculture & Cooperation, Ministry of Agriculture, Government of India notified National Crop Insurance Programme (NCIP), a central sector scheme in order to insulate the farming community against agricultural risks and issued the administrative instructions for implementation vide letter No. 13015/02/2012–Credit–II, dated 1st November, 2013. Weather Based Crop Insurance Scheme (WBCIS) is one of the components of NCIP and the objective of this scheme is to mitigate the hardships of the farmers against the likelihood of financial losses on account of anticipated crop loss resulting from the incidence of adverse weather conditions of weather parameters like Temperature, Rainfall, Atmospheric pressure & Relative Humidity.
The State Level Coordination Committee on Crop Insurance convened a meeting on 22nd April 2015 decided to implement NCIP – WBCIS for Kharif – 2015 season in respect of crops like Groundnut, Red Chilly, Cotton Tomato and Plantations like Oil palm and Sweet Lime in the selected districts of Andhra Pradesh as under. 1. CROPS NOTIFIED: (include both irrigated and Un-irrigated)
The lists of Reference Unit Areas (RUAs) in the respective districts notified along with the list of corresponding Reference Weather Stations (RWS) and Back up Weather Stations (BWS) are annexed (annexure II.1 to II.10). In case of non-availability of weather data from the respective Reference Weather Stations or Back up Weather Stations, as an alternative, State Govt. Mandal level Rain gauge Stations/IMD Weather Stations data will be considered for weather data updating as well as for claims computation.
3. AREA APPROACH:
Reference unit areas are linked to specific reference weather stations and the reference unit areas are the Geographical areas situated around the reference weather stations, which is deemed to be reflective of the “Reference Weather Stations” for weather data. To the extent feasible, such Reference Unit-Area shall be restricted to Mandal for notified weather parameters.
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4. CULTIVATORS ELIGIBLE FOR COVERAGE: All the cultivators (including sharecroppers and tenant cultivators) growing the Notified Crops i.e., Red Chilly, Tomato, Cotton, Groundnut, Oil palm & Sweet Lime, either Irrigated or Un-irrigated in any of the Reference Unit Areas shall be eligible for coverage. The Scheme shall be:
Compulsory: For all LOANEE APPLICANT CULTIVATORS i.e. those who have Sanctioned Credit Limit from Financial Institutions (Co-op Banks, Commercial Banks including private commercial Banks, RRB’s etc.,) for the Notified Crops in a Reference Unit Area. Voluntary: For NON-LOANEE CULTIVATORS i.e. those who do not have Sanctioned
Credit Limit from any Financial Institution for the Notified Crops in a Reference Unit Area.
5. PERILS COVERED: Following weather perils, which are deemed to cause “Adverse Weather Incidence” affecting crop health, leading to crop loss, would be covered under the Scheme: i) For Groundnut Crop: 1. a. Deficit Rainfall – Rainfall Volume 1. b. Deficit Rainfall – Rainfall Distribution 2. Disease Congenial Climate 3. Excess Rainfall. ii) For Red chilly Crop: 1. Maximum Temperature 2. Minimum Temperature 3. a. Deficit Rainfall – Rainfall Volume 3. b. Deficit Rainfall _ Rainfall Distribution 4. Excess Rainfall iii) For Cotton Crop: 1. a. Deficit Rainfall – Rainfall Volume 1. b. Deficit Rainfall _ Rainfall Distribution 2. Excess Rainfall 3. Disease Conducive Climate iv) For Oil palm Crop: 1. Deficiency in Water Vapour Pressure 2. Minimum Temperature 3. a. Deficit Rainfall – Rainfall Volume 3. b. Deficit Rainfall – Rainfall Distribution 4. Excess Rainfall
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v) For Sweet Lime Crop: 1. a. Deficit Rainfall – Rainfall Volume 1. b. Deficit Rainfall – Rainfall Distribution 2. Excess Rainfall 3. High RH along with High Temperature 4. Low Minimum Temperature vi) For Tomato Crop: 1. a. Deficit Rainfall – Rainfall Volume 1. b. Deficit Rainfall – Rainfall Distribution 2. Disease Congenial Climate 3. Excess Rainfall
6. RISK PERIOD: i) In case of Groundnut – Risk period commences from 10th July, 2015 ii) In case of Red Chilly - Risk period commences from 1st Aug, 2015 iii) In case of Cotton – Risk period commences from 1st Aug, 2015 iv) In case of Oil palm – Risk period commences from 1st Aug, 2015 v) In case ofSweet Lime – Risk period commences from 10th Aug, 2015 vi) In case of Tomato – Risk period commences from 10th Aug, 2015 Table containing the coverage periods at phases are given here:
Coverage details For Groundnut: S.No
Name of the cover
Phase
Period: From ----- to -----
1
Deficit Rainfall - Rainfall Volume
Phase - 1 10th July, 2015 to 5
th August, 2015
Phase - 2 6th August, 2015 to 31
st August, 2015
Phase - 3 1st
Sept., 2015 to 10th
October, 2015 Deficit Rainfall - Rainfall Distribution 10
th July, 2015 to 5
th Sept., 2015
2 Disease Congenial Climate 1st
Sept., 2015 to 10th
October, 2015 3
Excess Rainfall
Phase - 1 1st
Sept.,2015 to 30th
Sept.,2015 Phase - 2 1
st October,2015 to 31
st October,2015
Coverage details For Red chilly S.No
Name of the cover
Phase
Period: From ----- to -----
1 Maximum Temperature 01st
August, 2015 to 31st
October, 2015 2 Minimum Temperature 1
st December, 2015 to 31
st January, 2016
3
Deficit Rainfall - Rainfall Volume
Phase - 1 1st
August,2015 to 15th
Sept.,2015 Phase - 2 16
th sept.,2015 to 15
th October,2015
Deficit Rainfall - Rainfall Distribution , 1
st August,2015 to 10
th Sept.,2015
4
4
Excess Rainfall
Excess Rainfall
Phase - 1 1st
August,2015 to 15th
Sept.,2015 Phase - 2 16
th Sept.,2015 to 31
st October,2015
Phase - 3 1st
Nov,,2015 to 28th
February,2016
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Coverage details For Cotton: S.No
Name of the cover
Phase
Period: From ----- to -----
1A
Rainfall Volume
Phase - 1 1st August, 2015 to 15
th September,
2015 Phase - 2 16
th Sept., 2015 to 31
st Oct., 2015
1B Rainfall Distribution 1st August, 2015 to 5
th September, 2015
2
Excess Rainfall Excess Rainfall
Phase - 1 1st August, 2015 to 25th
August, 2015 Phase - 2 26
th August, 2015 to 15
th Oct.2015
Phase - 3 16th
Oct.,2015 to 30th
Nov.2015 3 Disease Conducive Climate 15
th August, 2015 to 31
st Oct. 2015
Coverage details For Oil palm S.No
Name of the cover
Phase
Period: From ----- to -----
1 Deficiency in Water Vapour Pressure 1st Feb.,2016 to 31st May,2016 2 Minimum Temperature 1st Dec.,2015 to 31st Jan.,2016
3
Deficit Rainfall - Rainfall Volume
Phase - 1 1st August,2015 to 15
th Sept., 2015
Phase - 2
16th Sept.,2015 to 15
th Oct.,2015
Deficit Rainfall - Rainfall Distribution 1
st August,2015 to 30
th Sept.,2015
4
Excess Rainfall
Phase - 1 1st
August, 2015 to 31st
August, 2015 Phase - 2
1st
September, 2015 to 30th
September, 2015
Coverage details For Sweet Lime: S.No
Name of the cover
Phase
Period: From ----- to -----
1A Deficit Rainfall - Rainfall Volume
Phase - 1
10th
August, 2015 to 15th
September, 2015
1B Deficit Rainfall - Rainfall Distribution 10th
August, 2015 to 20th
Sept.,2015
2
Excess Rainfall
Phase - 1 1st
Oct.,2015 to 31st
Dec.,2015 Phase - 2 1
st Jan.,2016 to 31
st March,2016
Phase - 3 1st
April, 2016 to 31st
May, 2016 3
High RH along with High Temperature
Phase - 1 16th
August, 2015 to 30th
Sept.,2015 Phase - 2 1
st Oct 2015 to 31
st Oct.,2015
4
Low Minimum Temperature
Phase - 1 1st
Dec 2015 to 31st
Dec.,2015 Phase - 2 1
st Jan 2016 to 31
st Jan.,2016
Coverage details For Tomato: S.No
Name of the cover
Phase
Period: From ----- to -----
1
Deficit Rainfall - Rainfall Volume
Phase - 1 10th
August,2015 to 10th
Sept.,2015 Phase - 2 11
th Sept.,2015 to 10
th October,2015
Deficit Rainfall - Rainfall Distribution 10th
August,2015 to 10th
Oct.,2015 2 Disease Congenial Climate 15
th August,2015 to 10
th Oct.,2015
3
Excess Rainfall
Phase - 1 10th August,2015 to 31
st August,2015
Phase - 2 1st
September, 2015 to 30th
September, 2015
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7. RISK ACCEPTANCE PERIOD: i) For Groundnut - Till 9th July, 2015 ii) For Red Chilly - Till 31st July, 2015 iii) For Cotton – Till 31st July, 2015 iv) For Oil palm – Till 31st July, 2015 v) For Sweet Lime - Till 9th August,2015 vi) For Tomato – Till 9th August, 2015
8. SEASONALITY DISCIPLINE: Seasonality Discipline and the broad cut-off dates are
indicated here:
In case of Groundnut
SL No.
ACTIVITY For Loanee Farmers For Non-loanee Farmers
Period of Insurance- Risk commence date
Risk end date
1 Cut-off date for risk coverage Having availed the Loan/Sanctioned Credit Limit – From 1
st April
2015 to 9th
July, 2015
Submission of
Proposals on or before, 9th July,2015
10th July 2015
to
31st October 2015 2 Submission of Decl. by Nodal
Banks to AIC of India Ltd., On or before 9th Aug, 2015
On or before 24th July, 2015
3 Insurance Intermediaries/Micro Insurance Agents to AIC of India Ltd.,
On or before 24th July, 2015
In case of Red Chilly
SL No.
ACTIVITY For Loanee Farmers For Non-loanee Farmers
Period of Insurance- Risk commence date
Risk end date
1 Cut-off date for risk coverage Having availed the Loan/Sanctioned Credit Limit – From1st April 2015 to 31
st
July, 2015
Submission of
Proposals on or before 31st July, 2015
1st August 2015
to
28th February 2016
2 Submission of Decl. by Nodal Banks to AIC of India Ltd.,
On or before 31st August, 2015
On or before 15th Aug, 2015
3 Insurance Intermediaries/Micro Insurance Agents to AIC of India Ltd.,
On or before 15th Aug, 2015
In case of Cotton
SL No.
ACTIVITY For Loanee Farmers For Non-loanee Farmers
Period of Insurance- Risk commence date
Risk end date
1 Cut-off date for risk coverage Having availed the Loan/Sanctioned Credit Limit – From1st April 2015 to 31
st
July, 2015
Submission of
Proposals on or before 31st July, 2015
1st Aug 2015
to
30th November 2015
2 Submission of Decl. by Nodal Banks to AIC of India Ltd.,
On or before 31st August, 2015
On or before 15th Aug, 2015
3 Insurance Intermediaries/Micro Insurance Agents to AIC of India Ltd.,
On or before 15th Aug, 2015
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In case of Oil palm
SL No.
ACTIVITY For Loanee Farmers For Non-loanee Farmers
Period of Insurance- Risk commence date
Risk end date
1 Cut-off date for risk coverage Having availed the Loan/Sanctioned Credit Limit – From1st April 2015 to 31
st
July, 2015
Submission of
Proposals on or before 31st July, 2015
1st August 2015
to
31st May 2016
2 Submission of Decl. by Nodal Banks to AIC of India Ltd.,
On or before 31st August, 2015
On or before 15th Aug, 2015
3 Insurance Intermediaries/Micro Insurance Agents to AIC of India Ltd.,
On or before 15th Aug, 2015
In case of Sweet Lime
SL No.
ACTIVITY For Loanee Farmers For Non-loanee Farmers
Period of Insurance- Risk commence date
Risk end date
1 Cut-off date for risk coverage Having availed the Loan/Sanctioned Credit Limit – From 1
st April
2015 to 9th
Aug, 2015
Submission of
Proposals on or before 9th Aug, 2015
10th August 2015
to
31st May 2016
2 Submission of Decl. by Nodal Banks to AIC of India Ltd.,
On or before 9th
Sep, 2015 On or before 24th Aug, 2015
3 Insurance Intermediaries/Micro Insurance Agents to AIC of India Ltd.,
On or before 24th Aug, 2015
In case of Tomato
SL No.
ACTIVITY For Loanee Farmers For Non-loanee Farmers
Period of Insurance- Risk commence date
Risk end date
1 Cut-off date for risk coverage Having availed the Loan/Sanctioned Credit Limit – From 1
st April
2015 to 9th
Aug, 2015
Submission of
Proposals on or before 9th Aug, 2015
10th August 2015
to
10th October 2015 2 Submission of Decl. by Nodal
Banks to AIC of India Ltd., On or before 9th
Sep, 2015 On or before 24th Aug, 2015
3 Insurance Intermediaries/Micro Insurance Agents to AIC of India Ltd.,
On or before 24th Aug, 2015
9. COVERAGE PROCEDURE: (a) Insurance coverage of Loanee Applicant Cultivators shall be through the existing network of Financial Institutions (FI) at the grass-root level using Nodal Bank systems as in National Agricultural Insurance Scheme (NAIS). Guidelines to the Financial Institutions are annexed herewith (Annexure IX). The Nodal Banks also needs to submit the list of individual insured farmers with requisite details like name, father’s name, Bank Account number village, categories - S&M/SC/ST/Women, insured acreage, insured crops(s), sum insured, premium collected, government subsidy etc., from concerned branch in soft copy also for
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further reconciliation and send the same to Agriculture Insurance Company with 15 days after final cut-off date. The prescribed format for furnishing the details of insured farmers is annexed herewith (Annexure VII) (b) Insurance coverage of Non-loanee cultivators shall be through the existing network of (FIs) at the grass-root level; the designated Insurance Intermediaries/PSU General Insurance Companies/Micro Insurance Agents of AIC. It is mandatory for the Non Loanee cultivator to provide the bank account details in the proposal form and submit Xerox copy of the bank passbook, Pattadhar Pass Book / 10-1B Adangal, if the farmer is tenant farmer then the farmer need to submit the tenant agreement format annexed herewith (Annexure X) duly attested by Revenue Officer along with the copy of the owner’s pattadhar pass book. It is also mandatory to submit Crop Sown Certificate furnished on the back side of proposal form (Annexure III) by the Revenue Officer/ Agricultural Officer/Horticultural Officer of the State government at village level.
(c) Nodal Bank Branches shall be paid by AIC a service charge of 4% on the actual premium amount remitted by the banks, being in the nature of sharing the incidental management expenses incurred by them for servicing the Scheme
10. SUM INSURED (Stipulated. Rupees per hectare):
1. Groundnut: Rs.26,250/- in Anantapur Dist. & Rs.27,500/- each in Chittoor, Y.S.R.Kadapa and Kurnool Districts
2. Red Chilly: Rs.75,000/- in Guntur
3. Cotton: Rs.30,000/- in Guntur and Prakasam Districts
4. Oil palm: Rs.50,000/- in West Godavari District
5. Sweet Lime: Rs.40,000/- in Y.S.R. Kadapa District 6. Tomato: Rs.50,000/- in Chittoor District
Loanee Applicant Cultivator’s: `Area under cultivation’ for the Notified Crop as already declared by him in the Loan Application form for the purpose of fixing his “Maximum Borrowing Limit (MBL) “by the Lending FI, multiplied by the stipulated Sum
Insured per hectare. Loans sanctioned with effect from 1st April, 2015 are eligible for coverage under the scheme. Non-Loanee Cultivators: The Cultivators shall declare the `Area under cultivation’ for each Notified Crop in the Insurance Proposal Form. Non-loanee farmers will have flexibility to insure smaller amounts within maximum limit, but not less than 50% of maximum limit of Sum Insured. It is mandatory to provide the bank account details in the proposal form and a copy of the bank passbook and submit Xerox copy
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of Pattadhar Pass Book / 10-1 adangal; It is also mandatory to submit Crop Sown Certificate by the concerned official of the State government at village level.
11. PREMIUM RATE, SUBSIDY AND REMITTENCE OF PREMIUM: A ready reckoner of applicable Premium sharing, subsidy portion and farmer’s Contribution is presented in the table district-wise and crop-wise. In respect of all the notified crops, the premium subsidy is to the extent of 50%, which is equally shared by the Central and the State Governments and will be released as upfront premium subsidy to since the risk incepts only upon receiving the premium in full i.e., 50% from the farmers and balance 50% as subsidy component. The premium (farmer’s share) shall be remitted through Demand Draft favouring “AIC of India, A/c no.008010200023922” payable at Hyderabad”. Separate Demand Drafts need to be obtained for coverage of Loanee and Non-loanee farmers.
TABLE SHOWING THE PREMIUM SHARING PER HECTARE
Name of the Crop S.I per Hectare Rs./-
Actuarial Premium Rate
Premium Farmer Contribution Rs./-
Subsidy from State Govt. Rs./-
Subsidy from
Red chilly in Guntur Dist ( Normal) 75,000 9.80% 7,350 3,675.00 1,837.50 1,837.50
Tomato in Chittoor Dist. 50,000 9.80% 4,900 2,450.00 1,225.00 1,225.00
Cotton in Guntur, and Prakasam dist.
30,000 10.00% 3,000 1,500.00 750.00 750.00
Groundnut in Ananatapur Dist. 26,250 10.00% 2,625 1,312.50 656.25 656.25
Ground nut in Chittoor, Y.S.R.Kadapa & Kurnool Dist.
27,500 10.00% 2,750 1,375.00 687.50 687.50
Oil palm in West Godavari dist 50,000 9.90% 4,950 2,475.00 1,237.50 1,237.50
Red chilly in Guntur Dist.(Normal) 30,000 9.80% 2,940 1,470.00 735.00 735.00
Tomato in Chittoor Dist. 20,000 9.80% 1,960 980.00 490.00 490.00
Cotton in Guntur and Prakasam Dist.
12,000 10.00% 1,200 600.00 300.00 300.00
Groundnut in Anantapur Dist. 10,500 10.00% 1,050 525.00 262.50 262.50
Groundnut in Chittoor, Y.S.R.Kadapa & Kurnool Dist.
11,000 10.00% 1,100 550.00 275.00 275.00
Oil palm in West Godavari Dist. 20,000 9.90% 1,980 990.00 495.00 495.00
Sweet Lime in Y S R Kadapa Dist. 16,000 9.90% 1,584 792.00 396.00 396.00
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12. COMPENSATION PAY-OUT: Pay-out computation would be based on the notified weather parameters and the details of triggers are specified in the term sheet as shown in item 17. Maximum pay-out will be limited to Sum Insured.
Claims under WBCIS will be settled on the basis of weather data provided by the
Departments of Government of Andhra Pradesh (as mentioned in above para 2)
and not on the basis of Annavari Certificate / Gazette notification declaring the
area as Drought / Flood / Cyclone affected etc., by the District Collectors or any
other Govt. Official.
TRIGGER WEATHER: Trigger Weather is pre-defined and being notified as per annexure with reference to the weather parameters and Reference Unit Area as detailed above and has been fixed so, keeping in mind the broad weather parameter requirement of the notified crops in different mandals in the notified Districts. The relevant term sheets applicable for the selected mandals of the said districts are annexed herewith (Annexure I.1 to I.10) 13. SUBMISSION & STORING OF WEATHER DATA: Weather data will be provided by Automatic Weather Stations set up by Andhra Pradesh State Developmental Planning Society of Planning Dept. of Govt. of Andhra Pradesh to AIC on day to day basis for the season. REFERENCE WEATHER STATION: This refers to the Automatic Weather Station operating for the particular Reference Unit Area i.e., mandal (as detailed in the annexure) operating for the relevant Reference Unit Area for generating the Weather Data during the current season, based on which pay-outs are processed. BACK-UP WEATHER STATION It is a substitute Weather Station to be used only in case the weather data from the specified Reference Weather Station for the current season is unavailable /defective for any reason. In the extreme case of absence of BWS data, data of BWS of BWS or alternate data (Manual rain gauge station data for rainfall) may be adopted. Names of both Reference and Back-up Weather Stations are detailed in annexure. (II.1 to II.10)
14. PAY-OUT DISBURSEMENT: (a) Pay-outs would normally be made by AIC to the Nodal Banks in respect of loanee and to insured non-loanee farmers who are enrolled directly or through other channels. (b) So far as the Insured is concerned, the Pay-out procedure shall be automatic; that is to say, Pay-outs would be automatically computed by AIC on the basis of Actual Weather Data received and the Pay-out would be automatically credited to the Insured’s Bank Account.
(c) For all crops a franchise of 2.5% of the Sum Insured shall be applicable. Any
pay-out (Per hectare) less than 2.5% of the Sum Insured shall not be paid.
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15. ADMINISTRATION OF THE SCHEME:
The Scheme shall be administered by AIC whose responsibilities are subject to the
discharge of the roles and responsibilities of the other Agencies/Financial
Institutions/Govt. Departments/Committees as laid down in the Scheme Document and
its Operational Modalities. Further the Scheme shall be administered by AIC only in all
the notified districts for the notified crops under NCIP – WBCIS for Kharif 2015 season.
16. PUBLICITY & AWARENESS: Dept. of Agriculture/Horticulture would take up wide publicity and awareness camps in coordination with AIC to popularise the scheme and mobilize coverage of maximum number of loanee and non-loanee farmers.
17. TERM SHEET: The term sheets contain the details of triggers for high temperature, deficiency in rainfall and excess rainfall wherever applicable. The relevant term sheets are annexed here with (Annexure I.1 to I.10).
18. LIMITATIONS & DISCLAIMERS: (a) The Scheme is NOT a Yield Guarantee Scheme, and is based on “Area Approach” as opposed to “Individual Approach” – whereby assessment of compensation would be made on Reference Unit Area Basis and not on the basis of every individual insured who might have suffered a loss: (b) The Scheme shall be null and void and no benefit shall be payable in the event of untrue or incorrect statements, misrepresentation or on non-disclosure in any material fact in the proposal form/ personal statement/ declaration and connected documents, or any material information having been concealed, or a claim being fraudulent or any fraudulent means or devices being used by the Insured or any one acting on his behalf to obtain any benefit under this Scheme. (c) Whenever, any clarification in respect of Declarations submitted by FIs is sought by AIC, the same must be submitted within two weeks. Thereafter, AIC is not under obligation to accept the same, including reopening of claims. Declarations received after the prescribed cut-off dates will be rejected and the responsibility/liability for such proposals rests with the nodal banks/FIs. The FIs shall only be responsible for all omissions/commissions/errors committed by them. (d) Further, the claims under National Crop Insurance Programme - Weather Based Crop Insurance Scheme (W.B.C.I.S) shall be settled on the basis of the weather data furnished by the APSDPS/State Govt. Mandal level Rain gauge Stations/IMD Weather Stations, for the notified crops & districts and not on the basis of individual declaration of crop damage Annavari Certificate/Gazette notification declaring the area Drought/Flood/Cyclone affected etc., Issued by the Government.
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(e) In case of any substantial misreporting by nodal bank /branch particularly of compulsory farmers coverage, concerned bank only shall be liable for such misreporting. (f) Insured / applicant must have insurable interest. Mere sanctioning / disbursement of crop loans and submission of proposals / declarations and remittance of premium by farmer/ bank, without explicit intent to raise the crop, does not constitute acceptance of risk by insurance company.
Enclosures: Annexure I.1 to I.10 -- Term Sheets for the Crops/Districts being notified. Annexure II.1 to II.10 -- Notified RUAs & List of AWS/BWS for the Crops/Districts. Annexure III -- WBCIS Proposal Form. Annexure IV -- WBCIS Declaration Form (Loanee). Annexure V -- WBCIS Declaration Form (Non loanee). Annexure VI -- WBCIS Declaration Form (Insurance Intermediary). Annexure VII -- Performa of List of Cultivators – Loanee Farmers. Annexure VIII -- Performa of List of Cultivators – Non-loanee Farmers. Annexure IX -- WBCIS Guidelines for Bankers. Annexure X -- Tenant Agreement format.
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Annexure I. 1. aState: ANDHRA PRADESH District: Guntur Mandal: All Notified mandals
Crop: CHILLI Reference Weather Station: Unit:
1. MAXIMUM TEMPERATURE
PERIOD 1-Aug to 31-Oct
INDEX Number of days having Maximum Temparature > 37.5 °C
Range I Range II Payout(Rs)
<= 6 0
7 11 2000
12 16 5000
17 21 8000
22 > 10000
TOTAL PAYOUT (Rs.) 10000
2. MINIMUM TEMPERATURE
PERIOD 1-Dec to 31-Jan
INDEX Number of days having Minimum Temparature < 14.0 °C
Range I Range II Payout(Rs)
<= 3 0
4 10 1000
11 15 2000
16 20 3000
21 > 5000
TOTAL PAYOUT (Rs.) 5000
3. DEFICIT RAINFALL
PERIOD 1-Aug to 15-Sep 16-Sep to 15-Oct
INDEX Aggregate of rainfall over respective Phases
STRIKE I (<) 175 mm 90 mm
STRIKE II (<) 125 mm 50 mm
EXIT 25 mm 20 mm
RATE I (Rs./ mm) 32 50
RATE II (Rs./ mm) 169.00 266.67
MAXIMUM PAYOUT (Rs.) 18500 10000
TOTAL PAYOUT (Rs.) 28500
PERIOD 1-Aug to 10-Sep
INDEX
STRIKE (CONS. DAYS) >= 18 23 28
PAYOUT (Rs.) 2500 5000 10000
TOTAL PAYOUT (Rs.) 10000
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
4. PERIOD 1-Aug to 15-Sep 16-Sep to 31-Oct 1-Nov to 28-Feb
INDEX Maximum of 2 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 90 mm 80 mm
EXIT 250 mm 200 mm 140 mm
RATE (Rs/mm) 50 68 150
MAXIMUM PAYOUT (Rs) 5000 7500 9000
TOTAL PAYOUT (Rs.) 21500
SUM INSURED (Rs.) 75000
PREMIUM (Rs.) 7350
PREMIUM % 9.80%
Note: Franchise of 2.50% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 1,875 per hectare shall not be paid.
PHASE - I PHASE - II
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
3 A. RAINFALL VOLUME
3 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
PHASE - I PHASE - II PHASE - III
EXCESS RAINFALL
14 of 276.
Agriculture Insurance Company of India Ltd
State: ANDHRA PRADESH
Annexure I . 2. aCrop : COTTON District : GUNTUR Mandal: All Notified Mandals Unit : Hectare
A1. Rainfall Volume
Period : 1-Aug to 31-Oct
Index: Aggregate of rainfall over respective Phases
PERIOD 1-Aug to 15-Sep 16-Sep to 31-Oct
Rainfall (mm) Payout Rainfall (mm) Payout
STRIKE I (<) < 165 1200 < 100 600
STRIKE II (<) < 110 2450 < 50 1200
STRIKE III (<) < 55 8000 < 20 3000
TOTAL PAYOUT (Rs.) 11000
A2. Rainfall Distribution
Period : 1-Aug to 5-Sep
Dry day: A day is defined as dry day if Rainfall on the day is < 2.5 mm
Index: Number Of Consecutive Dry Days (CDD)
= 23 2000
= 24 2400
= 25 2800
= 26 3200
= 27 3600
= 28 4000
= 29 5000
= 30 6000
= 31 7000
= 32 8000
>= 33 10000
B. Excess Rainfall Coverage
Period : 1-Aug to 30-Nov
Index : Maximum of consecutive 3 days' cumulative rainfall
PERIOD 1-Aug to 25-Aug 26-Aug to 15-Oct 16-Oct to 30-Nov
STRIKE (>) 150 mm 200 mm 125 mm
EXIT 250 mm 300 mm 225 mm
Notional (Rs/mm) 50.00 50.00 50.00
MAXIMUM PAYOUT (Rs)
C. Disease Conducive Climate
PERIOD 15-Aug to 31-Oct
Index Number of Consecutive day having Maximum> 30 °C
with daily average Relative Humidity > 80 %
STRIKE (>=) 6 Cons. day
EXIT 10 Cons. day
Notional (Rs/mm) 800
MAXIMUM PAYOUT (Rs) 4000
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
Sum Insured (Rs) 30000
Premium (Rs.) 3000
Premium % 10.00%
Note: Franchise of 2.50% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 750 per hectare shall not be paid.
WEATHER BASED CROP INSURANCE SCHEME-( KHARIF 2015)
TERMSHEET
PHASE - I PHASE - II
5000
Number of CDD
Incremental
Payout (Rs)
PHASE - I PHASE - II PHASE - III
15 of 276.
Agriculture Insurance Company of India Ltd
State: ANDHRA PRADESH
Annexure I . 3. aCrop : COTTON District : PRAKASHAM Mandal: All Notified Mandals Unit : Hectare
A1. Rainfall Volume
Period : 1-Aug to 31-Oct
Index: Aggregate of rainfall over respective Phases
PERIOD 1-Aug to 15-Sep 16-Sep to 31-Oct
Rainfall (mm) Payout Rainfall (mm) Payout
STRIKE I (<) < 83 1200 < 100 600
STRIKE II (<) < 39 2450 < 50 1200
STRIKE III (<) < 17 8000 < 20 3000
TOTAL PAYOUT (Rs.) 11000
A2. Rainfall Distribution
Period : 1-Aug to 5-Sep
Dry day: A day is defined as dry day if Rainfall on the day is < 2.5 mm
Index: Number Of Consecutive Dry Days (CDD)
= 23 1500
= 24 1800
= 25 2100
= 26 2400
= 27 2800
= 28 3200
= 29 3600
= 30 4600
= 31 5600
= 32 8100
>= 33 10000
B. Excess Rainfall Coverage
Period : 1-Aug to 30-Nov
Index : Maximum of consecutive 3 days' cumulative rainfall
PERIOD 1-Aug to 25-Aug 26-Aug to 15-Oct 16-Oct to 30-Nov
STRIKE (>) 150 mm 200 mm 150 mm
EXIT 250 mm 300 mm 250 mm
Notional (Rs/mm) 50.00 50.00 50.00
MAXIMUM PAYOUT (Rs)
C. Disease Conducive Climate
PERIOD 15-Aug to 31-Oct
Index Number of Consecutive day having Maximum Temp> 30 °Cwith daily average Relative Humidity > 80 %
STRIKE (>=) 6 Cons. day
EXIT 10 Cons. day
Notional (Rs/mm) 800
MAXIMUM PAYOUT (Rs) 4000
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
Sum Insured (Rs) 30000
Premium (Rs.) 3000
Premium % 10.00%
Note: Franchise of 2.50% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 750 per hectare shall not be paid.
WEATHER BASED CROP INSURANCE SCHEME-( KHARIF 2015)
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 100 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 15
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 135.20
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 100 mm
STRIKE II (<) 10 mm 15 mm 50 mm
EXIT 0 0 15
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180 250 103
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18 15
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 100 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 15
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 135.20
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 120 mm
STRIKE II (<) 10 mm 15 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 105.33
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 50 mm 120 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 15
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 185.00 90.29
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 15
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 102.86
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
25 30
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 90.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
25 35
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 180.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
25 35
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 80 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 15
RATE I (Rs./ mm) 15 20 22
RATE II (Rs./ mm) 95.00 177.50 152.80
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 40 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 192.50 105.33
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 80 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 60 mm
STRIKE II (<) 10 mm 15 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 202.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4400
28 35
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 55 mm 100 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 15
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 181.25 102.86
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4400
24 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
29 of 276.
Annexure I. 4. n
State: ANDHRA PRADESH District: ANANTPUR Mandal: D HIREHAL
Crop: GROUNDNUT Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 70 mm
STRIKE II (<) 10 mm 20 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4850
24 30
2750
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 40 mm 90 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 192.50 120.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 40 mm 100 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 15
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 192.50 135.20
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 90 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 15
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 109.14
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 15
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 102.86
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4850
20 30
2750
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 50 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 15 22
RATE II (Rs./ mm) 180.00 185.00 120.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4400
25 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 15
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 152.80
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4400
25 35
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 70 mm
STRIKE II (<) 10 mm 15 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 20 22
RATE II (Rs./ mm) 190.00 250.00 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 80 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 16.5
RATE II (Rs./ mm) 190.00 192.50 96.88
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 55 mm 100 mm
STRIKE II (<) 20 mm 25 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 148.00 76.40
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4400
20 30
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 90 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 16.5
RATE II (Rs./ mm) 190.00 192.50 193.75
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4850
20 30
2750
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 40 mm 70 mm
STRIKE II (<) 20 mm 20 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 192.50 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4400
28 35
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 90 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 120.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 20 16.5
RATE II (Rs./ mm) 180.00 250.00 134.67
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 120 mm
STRIKE II (<) 10 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 84.50
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 60 mm
STRIKE II (<) 10 mm 15 mm 30 mm
EXIT 0 0 0
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 134.67
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4400
28 35
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 50 mm 90 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 15 22
RATE II (Rs./ mm) 180.00 185.00 180.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4850
20 30
2750
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 40 mm 100 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 192.50 169.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4400
25 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 80 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 15 22
RATE II (Rs./ mm) 180.00 192.50 127.33
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 120.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 130 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 63.20
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 55 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 181.25 105.33
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4400
20 30
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 180.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4400
25 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 90.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4400
25 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 79.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 110 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 84.50
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 80 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 90 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 180.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4850
25 30
2750
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 75 mm 110 mm
STRIKE II (<) 20 mm 25 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 136.00 112.67
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4400
25 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 130 mm
STRIKE II (<) 10 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 79.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4400
20 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 130 mm
STRIKE II (<) 10 mm 20 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 63.20
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 130 mm
STRIKE II (<) 10 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 79.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 180.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4400
27 35
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 90.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4850
24 30
2750
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 40 mm 100 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 192.50 90.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4400
22 30
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 79.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 50 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 15 22
RATE II (Rs./ mm) 180.00 185.00 90.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 90.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 100 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 90.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4400
25 30
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 191.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4400
28 35
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 50 mm 120 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 185.00 105.33
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4850
20 30
2750
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 50 mm 120 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 185.00 84.50
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 120 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 79.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 80 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 127.33
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 35 mm 80 mm
STRIKE II (<) 10 mm 15 mm 30 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 180.00 250.00 180.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
4400
28 35
2200
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 40 mm 120 mm
STRIKE II (<) 10 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 190.00 192.50 84.50
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 35
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
4850
23 30
2750
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 55 mm 100 mm
STRIKE II (<) 20 mm 25 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 148.00 120.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
4400
25 35
2200
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 40 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 15 15 22
RATE II (Rs./ mm) 95.00 192.50 79.00
MAXIMUM PAYOUT (Rs.) 2200 4150 4700
TOTAL PAYOUT (Rs.) 11050
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 40
PAYOUT (Rs.) 6900
TOTAL PAYOUT (Rs.) 6900
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1175.00
MAXIMUM PAYOUT (Rs) 4700
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 18.00 15.00
MAXIMUM PAYOUT (Rs) 1800 1800
TOTAL PAYOUT (Rs.) 3600
SUM INSURED (Rs.) 26250
PREMIUM (Rs.) 2625
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 656.25 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 130 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 130 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 26 32 37
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 130 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
83 of 276.
Annexure I. 5.e
State: ANDHRA PRADESH District: CHITTOOR Mandal: B KOTHAKOTA
Crop: GROUNDNUT Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 50 mm 100 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 207.50 176.25 181.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 110 mm
STRIKE II (<) 20 mm 30 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 170.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 156.25 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 110 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 121.00
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 26 32 37
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 220 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 300 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 80 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 146.25 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 300 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 110 mm 150 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 75.00 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 300 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 110 mm 160 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 75.00 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 110 mm 150 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 75.00 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
101 of 276.
Annexure I. 5. w
State: ANDHRA PRADESH District: CHITTOOR Mandal: K V P PURAM
Crop: GROUNDNUT Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 110 mm 160 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 75.00 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 110 mm 160 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 75.00 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 220 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 80 mm 140 mm
STRIKE II (<) 20 mm 20 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 146.25 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 110 mm 150 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 75.00 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 110 mm 150 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 75.00 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 220 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 156.25 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 150 mm
STRIKE II (<) 20 mm 20 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 110 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 121.00
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 70 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 110.83 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 110 mm 140 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 75.00 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 160 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 70 mm 140 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 156.25 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 220 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 80 mm 120 mm 180 mm
STRIKE II (<) 20 mm 50 mm 80 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 63.75 54.50 45.83
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 110 mm 150 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 75.00 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 70 mm 150 mm
STRIKE II (<) 20 mm 20 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 156.25 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 130 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 160 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 110 mm 160 mm
STRIKE II (<) 20 mm 35 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 75.00 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 160 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 160 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 160 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 160 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 187.50 156.25 128.33
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 140 mm
STRIKE II (<) 20 mm 20 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
EXCESS RAINFALL
(Single Payout)
140 of 276.
Annexure I. 5. bj
State: ANDHRA PRADESH District: CHITTOOR Mandal: VENKATAGIRI KOTA
Crop: GROUNDNUT Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 160 mm
STRIKE II (<) 20 mm 20 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 60 mm 140 mm
STRIKE II (<) 20 mm 20 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 166.25 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 26 32 37
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 26 32 37
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 80 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 60 mm 140 mm
STRIKE II (<) 10 mm 20 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 207.50 166.25 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 156.25 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
145 of 276.
Annexure I.6.a
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: KONDAPURAM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 113.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 350 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
146 of 276.
Annexure I.6.b
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: MYLAVARAM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 130 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 161.25 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 21 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 90 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
147 of 276.
Annexure I.6.c
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: PEDDAMUDIUM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 22 18 16.5
RATE II (Rs./ mm) 101.75 101.50 69.30
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
148 of 276.
Annexure I.6.d
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: RAJU PALEM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 101.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 24 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
149 of 276.
Annexure I.6.e
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: DUVVUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 100 mm 160 mm
STRIKE II (<) 20 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 64.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
150 of 276.
Annexure I.6.f
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: S MYDUKUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 130 mm
STRIKE II (<) 10 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 187.50 101.50 94.88
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
151 of 276.
Annexure I.6.g
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: BRAHMAMGARIMATTAM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 100 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 95.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
152 of 276.
Annexure I.6.h
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: B KODUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 80 mm 120 mm
STRIKE II (<) 10 mm 30 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 203.50 107.50 159.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
153 of 276.
Annexure I.6.i
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: KALASAPADU
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 101.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 350 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
154 of 276.
Annexure I.6.j
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: PORUMAMILLA
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 16.5
RATE II (Rs./ mm) 101.75 101.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
155 of 276.
Annexure I.6.k
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: BADVEL
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 100 mm 150 mm
STRIKE II (<) 20 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 64.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
156 of 276.
Annexure I.6.l
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: GOPAVARAM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 101.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
157 of 276.
Annexure I.6.m
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: KHAJIPET
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 101.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 350 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
158 of 276.
Annexure I.6.n
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: CHAPAD
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 100 mm 120 mm
STRIKE II (<) 10 mm 30 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 203.50 95.50 159.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
159 of 276.
Annexure I.6.o
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: PRODDUTUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 161.25 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
160 of 276.
Annexure I.6.p
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: JAMMALAMADUGU
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 113.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
161 of 276.
Annexure I.6.q
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: MUDDANUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 60 mm 100 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 181.50 170.25 181.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
162 of 276.
Annexure I.6.r
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: SIMHADRIPURAM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 103.75 161.25 94.88
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 28 31 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
163 of 276.
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: LINGALA Annexure I.6.s
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 60 mm 120 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 181.50 170.25 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
164 of 276.
Annexure I.6.t
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: PULIVENDLA
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 60 mm 100 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 170.25 181.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
165 of 276.
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: VEMULA Annexure I.6.u
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 187.50 161.25 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
166 of 276.
Annexure I.6.v
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: THONDUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 103.75 113.50 94.88
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 27 31 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
167 of 276.
Annexure I.6.w
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: VEERAPUNAYUNIPALLE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 103.75 113.50 94.88
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
168 of 276.
Annexure I.6.x
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: YERRAGUNTLA
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 103.75 101.50 69.30
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
169 of 276.
Annexure I.6.y
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: KAMALAPURAM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 101.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
170 of 276.
Annexure I.6.z
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: VALLUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 113.50 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
171 of 276.
Annexure I.6.aa
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: CHENNUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 70 mm 160 mm
STRIKE II (<) 10 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 203.50 113.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
172 of 276.
Annexure I.6.ab
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: ATLUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 80 mm 120 mm
STRIKE II (<) 20 mm 30 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 107.50 159.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
173 of 276.
Annexure I.6.ac
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: VONTIMITTA
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 60 mm 120 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 170.25 106.33
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
174 of 276.
Annexure I.6.ad
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: SIDHOUT
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 100 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 95.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
175 of 276.
Annexure I.6.ae
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: CUDDAPAH
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 80 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 107.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
176 of 276.
Annexure I.6.af
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: CHINTHA KOMMADINNE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 75 mm 120 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 181.50 203.00 159.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
177 of 276.
Annexure I.6.ag
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: PENDLIMARRI
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 161.25 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
178 of 276.
Annexure I.6.ah
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: VEMPALLE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 60 mm 100 mm
STRIKE II (<) 10 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 207.50 170.25 181.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
179 of 276.
Annexure I.6.ai
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: CHAKRAYAPET
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 70 mm 120 mm
STRIKE II (<) 10 mm 15 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 203.50 209.00 159.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
180 of 276.
Annexure I.6.aj
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: LAKKIREDDIPALLE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 110 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 181.50 161.25 121.00
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
181 of 276.
Annexure I.6.ak
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: RAMAPURAM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 113.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
182 of 276.
Annexure I.6.al
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: VEERABALLE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 130 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 113.50 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 90 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
183 of 276.
Annexure I.6.am
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: RAJAMPET
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 113.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 24 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
184 of 276.
Annexure I.6.an
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: NANDALUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 101.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
185 of 276.
Annexure I.6.ao
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: PENAGALURU
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 60 mm 100 mm
STRIKE II (<) 20 mm 20 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 170.25 181.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 28 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
186 of 276.
Annexure I.6.ap
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: CHITVEL
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 80 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 107.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
187 of 276.
Annexure I.6.aq
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: KODUR
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 75 mm 150 mm
STRIKE II (<) 20 mm 15 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 203.00 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 350 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
188 of 276.
Annexure I.6.ar
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: OBULAVARIPALLE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 140 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 113.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 35 40
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
189 of 276.
Annexure I.6.as
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: PULLAMPETA
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 130 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 22 18 16.5
RATE II (Rs./ mm) 101.75 113.50 75.90
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
190 of 276.
Annexure I.6.at
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: T SUNDUPALLE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 103.75 101.50 69.30
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 90 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
191 of 276.
Annexure I.6.au
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: SAMBEPALLE
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 18 22
RATE II (Rs./ mm) 103.75 101.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
192 of 276.
Annexure I.6.av
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: CHINNAMANDEM
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 30 mm 70 mm 120 mm
STRIKE II (<) 10 mm 20 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 203.50 161.25 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
193 of 276.
Annexure I.6.aw
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: RAYACHOTI
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 60 mm 100 mm
STRIKE II (<) 10 mm 20 mm 50 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 187.50 170.25 103.13
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 80 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I PHASE - II PHASE - III
194 of 276.
Annexure I.6.ax
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: GALIVEEDU
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 70 mm 100 mm
STRIKE II (<) 20 mm 30 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 22 18 22
RATE II (Rs./ mm) 101.75 113.50 181.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
195 of 276.
Annexure I.6.ay
State: ANDHRA PRADESH District: Y S R KADAPA Mandal: S A KASINAYANA
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 10
RATE I (Rs./ mm) 20 18 16.5
RATE II (Rs./ mm) 103.75 101.50 69.30
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 5-Sep
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Sep to 30-Sep 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm 100 mm
EXIT 250 mm 200 mm
RATE (Rs/mm) 15.00 12.50
MAXIMUM PAYOUT (Rs) 1925 1925
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 90 mm 140 mm
STRIKE II (<) 30 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 90 mm 140 mm
STRIKE II (<) 30 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 140 mm
STRIKE II (<) 30 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 20 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
200 of 276.
Annexure I. 7. e
State: ANDHRA PRADESH District: KURNOOL Mandal: C BELAGAL
Crop: Groundnut Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 20 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 20 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 160 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 90 mm 100 mm 160 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 42.50 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 90 mm 140 mm
STRIKE II (<) 30 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 75 mm 90 mm 140 mm
STRIKE II (<) 30 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 52.50 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 90 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 42.50 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 90 mm 100 mm 160 mm
STRIKE II (<) 40 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 36.88 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 80 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 49.17 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 160 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 160 mm
STRIKE II (<) 20 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 75 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 52.50 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 20 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 20 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 160 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 90 mm 150 mm
STRIKE II (<) 30 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 97.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 25 mm 30 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 79.00 97.50 159.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 130 mm
STRIKE II (<) 25 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 79.00 97.50 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 130 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 25 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 79.00 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 90 mm 150 mm
STRIKE II (<) 30 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 99.00
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 75 mm 90 mm 120 mm
STRIKE II (<) 30 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 52.50 97.50 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 90 mm 90 mm 150 mm
STRIKE II (<) 30 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 42.50 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 160 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 90 mm 100 mm 160 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 42.50 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 150 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 140 mm
STRIKE II (<) 30 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 140 mm
STRIKE II (<) 20 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 25 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 79.00 97.50 68.20
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 140 mm
STRIKE II (<) 30 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 62.50 62.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 150 mm
EXIT 275 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 160 mm
STRIKE II (<) 20 mm 50 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 59.40
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 60 mm 100 mm 140 mm
STRIKE II (<) 20 mm 50 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 83.75 62.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 99.00
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 200 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 70 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 63.80
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 150 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 74.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 25 mm 30 mm 50 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 79.00 97.50 113.67
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 130 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 85.25
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2750 4950 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 120 mm
STRIKE II (<) 20 mm 30 mm 40 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 159.50
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 20 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 250 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 50 mm 90 mm 140 mm
STRIKE II (<) 20 mm 30 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 93.75 97.50 79.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 22 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 100 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
PERIOD 10-Jul to 5-Aug 6-Aug to 31-Aug 1-Sep to 10-Oct
INDEX
STRIKE I (<) 40 mm 75 mm 120 mm
STRIKE II (<) 20 mm 25 mm 60 mm
EXIT 0 0 20
RATE I (Rs./ mm) 20 20 22
RATE II (Rs./ mm) 103.75 125.00 90.75
MAXIMUM PAYOUT (Rs.) 2475 4125 4950
TOTAL PAYOUT (Rs.) 11550
PERIOD 10-Jul to 31-Aug
INDEX
STRIKE (=>) 25 30 35
PAYOUT (Rs.) 2200 4400 7150
TOTAL PAYOUT (Rs.) 7150
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 1-Sep to 10-Oct
No. of Consecutive days having maximum temperature < 30 °C
with daily average Relative humidity > 80 %
STRIKE (=) 2 Cons. Day
EXIT 5 Cons. Day
PAYOUT (Rs.) 1237.50
MAXIMUM PAYOUT (Rs) 4950
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 1-Oct to 31-Oct
INDEX Maximum of 3 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 125 mm
EXIT 225 mm
RATE (Rs/mm) 15.00
MAXIMUM PAYOUT (Rs) 3850
TOTAL PAYOUT (Rs.) 3850
SUM INSURED (Rs.) 27500
PREMIUM (Rs.) 2750
PREMIUM % 10.00%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 687.50 shall not be paid.
AGRICULTURE INSURANCE COMPANY OF INDIA
WEATHER BASED CROP INSURANCE SCHEME (NCIP - KHARIF 2015)TERM SHEET
HECTARE
PHASE - I
EXCESS RAINFALL
(Single Payout)
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
DISEASE CONGENIAL
CLIMATE
INDEX
PHASE - I PHASE - II PHASE - III
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
250 of 276.
Annexure I. 8. a
State: ANDHRA PRADESH District: West Godavari Mandal:
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. MINIMUM TEMPERATURE
PERIOD 1-Dec to 31-Jan
INDEX Number of days having Minimum Temparature < 15 °C
STRIKE (CONS. DAY) >= 6
EXIT 10
Payout (Rs. / DAY) 1500
Max. Payout(Rs.) 7500
3 DEFICIT RAINFALL
PERIOD 1-Aug to 15-Sep 16-Sep to 15-Oct
STRIKE I (<) 225 mm 150 mm
STRIKE II (<) 125 mm 75 mm
EXIT 25 0
RATE I (Rs./ mm) 12.00 13.00
RATE II (Rs./ mm) 43.00 40.33
Max. Payout (Rs.) 5500 4000
TOTAL PAYOUT (Rs.) 9500
PERIOD 1-Aug to 30-Sep
STRIKE (CONS. DAYS) >= 15 20 25
PAYOUT (Rs.) 3000 5000 7000
TOTAL PAYOUT (Rs.) 7000
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
4 PERIOD 1-Aug to 31-Aug 1-Sep to 30-Sep
INDEX Maximum of 2 consecutive day's cumulative rainfall in respective Phases
STRIKE (mm) > 150 mm 70 mm
EXIT (mm) 250 mm 140 mm
Payout (Rs. / mm) 20.00 57.14
Max. Payout (Rs.) 2000 4000
TOTAL PAYOUT (Rs.) 6000
TOTAL SUM INSURED (Rs.) 50000
PREMIUM (Rs.) 4950
PREMIUM % 9.90%
Note: Franchise of 2.50% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 1,250 per hectare shall not be paid.
EXCESS RAINFALL
PHASE - I
3A. RAINFALL VOLUME
3 B.RAINFALL DISTRIBUTION
(Consecutive Dry Days)
PHASE - II
Payout% Of Max payout Under This Cover
8%
6%
5%
0%
0%
0%
PHASE - I PHASE - II
Agriculture Insurance Company of India
NATIONAL CROP INSURANCE PROGRAMME (NCIP) - WEATHER BASED CROP INSURANCE SCHEME (KHARIF 2015)
TERM SHEET
Unit: Hectare
All Oilpalm Growing Mandal Under Given
District
251 of 276.
Annexure I. 9. aState: ANDHRA PRADESH District: Kadapa Mandal: All Notified Mandals
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2 PERIOD 1-Oct to 31-Dec 1-Jan to 31-Mar 1-Apr to 31-May
INDEX Maximum of 2 consecutive day's cumulative rainfall in respective Phases
STRIKE (mm) 70 mm 30 mm 40 mm
EXIT (mm) 170 mm 130 mm 140 mm
Payout (Rs. / mm) 15.00 20.00 35.00
Max. Payout (Rs.) 1500 2000 3500
TOTAL PAYOUT (Rs.) 7000
3. High RH along with High Temperature
PERIOD 16-Aug to 30-Sep 1-Oct to 31-Oct
Index
Averagre RH for a day > 70% 70%
and Max temp (in 0C) > 35.5
0C 35.0
0C
STRIKE >= 4 day 4 day
EXIT 8 day 8 day
PAYOUT(Rs./Pest Cong. Day) 1000.00 1000.00
MAXIMUM PAYOUT(Rs.) 5000 5000
TOTAL PAYOUT (Rs.) 10000
4. PERIOD 1-Dec to 31-Dec 1-Jan to 31-Jan
EVENT DEFINITION
Trigger Temperature 0C 15.5 15.0
Strike > (0C) 10 10
EXIT 30 30
Payout ( Rs./ ° C): 150.00 150.00
MAXIMUM PAYOUT(Rs.) 3000 3000
TOTAL PAYOUT (Rs.) 6000
TOTAL SUM INSURED (Rs.) 40000
GROSS PREMIUM (Rs.) 3960
STATE GOVT'S SHARE (Rs.) 990
CENTRAL GOVT'S SHARE (Rs.) 990
FARMER'S PREM. SHARE (Rs.) 1980
Note: Franchise of 2.50% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 1,000 per hectare shall not be paid.
Agriculture Insurance Company of India NATIONAL CROP INSURANCE PROGRAMME (NCIP) - WEATHER BASED CROP INSURANCE SCHEME (KHARIF 2015)
TERM SHEET
PHASE - I
PHASE - III
EXCESS RAINFALL
Phase I Phase II
PHASE - II
1A. RAINFALL VOLUME
1 B.RAINFALL DISTRIBUTION
(Consecutive Dry Days)
PHASE - I
Low Minimum Temperature
Commulative daily downward deviation of
Minimum temperature from trigger temperature.
No. of Consecutive days with High RH and High
Temperature
High RH:
High Temperature:
Nature Of cover: multiple
Events payable subject to
maximum payout under this
cover
Phase I Phase II
252 of 276.
Annexure I. 10. aState: ANDHRA PRADESH District: Chitoor Mandal: All Tomato Growing Mandals in Chittoor District
Crop: Tomato Reference Weather Station: Unit:
1. DEFICIT RAINFALL
PERIOD 10-Aug to 10-Sep 11-Sep to 10-Oct 16-Oct to 30-Oct
INDEX
STRIKE I (<) 100 mm 100 mm 0 mm
STRIKE II (<) 50 mm 50 mm 0 mm
EXIT 0 0 0
RATE I (Rs./ mm) 20 10 0
RATE II (Rs./ mm) 120.00 70.00 0
MAXIMUM PAYOUT (Rs.) 7000 4000 0
TOTAL PAYOUT (Rs.) 11000
PERIOD 10-Aug to 10-Oct
INDEX
STRIKE (CONS. DAYS) >= 20 22 25 28 30
PAYOUT (Rs.) 2500 4000 5500 7500 10000
TOTAL PAYOUT (Rs.) 10000
Note: A day with rainfall less than 2.5 mm will be considered as a dry day and multiple events shall be considered for the final payout subject to maximum payout under this cover.
2. PERIOD 15-Aug to 10-Oct
STRIKE (=>) 3 Cons. Day
EXIT 6 Cons. Day
PAYOUT (Rs.) 2000.00
MAXIMUM PAYOUT (Rs) 8000
Note : Multiple events shall be considered for the final payout subject to maximum payout under this cover.
3. PERIOD 10-Aug to 31-Aug 1-Sep to 30-Sep
INDEX Maximum of 4 consecutive day's cumulative rainfall in respective Phases
STRIKE (>) 120 mm 100 mm
EXIT 220 mm 200 mm
RATE (Rs/mm) 110.00 100.00
MAXIMUM PAYOUT (Rs) 11000 10000
TOTAL PAYOUT (Rs.) 21000
SUM INSURED (Rs.) 50000
PREMIUM (Rs.) 4900
PREMIUM % 9.80%
Note: Franchise of 2.5% of the sum insured shall be apllicable, i.e., total claims of less than Rs. 1,250 per hectare shall not be paid.
PHASE - I PHASE - II PHASE - IV
NATIONAL CROP INSURANCE PROGRAMME (NCIP) - WEATHER BASED CROP INSURANCE SCHEME (KHARIF 2015)
TERM SHEET
HECTARE
1 A. RAINFALL VOLUME
Aggregate of rainfall over respective Phases
1 B.RAINFALL DISTRIBUTION
(Multiple Payouts)
Number of days in a spell of Consecutive dry days
EXCESS RAINFALL
(Single Payout)
DISEASE CONGENIAL CLIMATE
INDEX No. of Consecutive days having daily maximum temperature < 32 °C with daily average Relative humidity > 75 %
PHASE - I PHASE - II
253 of 276.
Annexure - II 1
Sl No. Reference Unit Area(RUA) Reference Weather Station (RWS) Backup Weather Station (BWS)
NCIP - WBCIS Guidelines to Nodal Banks in Andhra Pradesh for participating in NCIP - WBCIS – Kharif 2015 in respect of Notified crop in the notified districts:
1. National Crop Insurance Scheme (NCIP) - Weather Based Crop Insurance Scheme for Kharif 2015 season for Notified crops in Anantapur, Chitoor, YSR Kadapa, Kurnool, Guntur, Prakasam and West Godavari districts. The Loanee farmers would be covered under the NCIP - WBCIS on Compulsory basis as per guidelines of Govt. of India whereas it is voluntary for Non-loanee farmers.
2. Non-loanee farmers interested in the NCIP - WBCIS for the notified crop in the above mentioned districts can insure their Plantation through the Banking Network/AIC empanelled Insurance Intermediaries/Micro Insurance Agents or through the authorized representatives of Agriculture Insurance Company of India Ltd.
3. The criteria for covering Loanee Farmers:
a) All those farmers eligible for availing loans from 1st April 2015 upto Risk acceptance
period and who have sanction as per their loan proposal (even if the
loan disbursement/withdrawal has not taken place), the respective notified crop
should be taken into account for collection of premium. The premium shall be
debited to the account of the eligible farmers. The Banks can sanction premium as
additionally to crop loan.
b) Agricultural Jewel Loans (AJLs) are eligible for compulsory coverage at par with other/pure agricultural loans.
c) Please ensure that all eligible (if the farmer does not have sanction under regular crop loan account) AJLs sanctioned/disbursed as on the cut-off date prescribed for the purpose i.e., 31st July 2015 in respect of Red Chilly, Cotton & Oil Palm crops, 09th August 2015 in respect of Tomato & Sweet Lime crops and 09th July 2015 in respect of Groundnut crop, shall be insured under the NCIP - WBCIS.
d) Banks should strictly adhere to the cut off dates for submission of declarations and premium.
5. A. In case of Non-loanee farmers, will have flexibility to insure smaller amounts, but not less than 50% of maximum limit of sum Insured.
B. In case the coverage shall have to be in acres/hectares, the same table of loanee
can be followed for Sum Insured, Premium remittance etc.
C. Whenever, any clarification in respect of Declarations submitted by FIs is sought by AIC, the same must be submitted within two weeks. Thereafter, AIC is not under obligation to accept the same, including reopening of claims. Declarations received after the prescribed cut-off dates will be rejected and the responsibility/liability for such proposals rests with the nodal banks/FIs. The FIs shall only be responsible for all omissions/commissions/errors committed by them.
274 of 276.
6. Pay-outs (claims) under the scheme are decided on ‘Reference Unit Area approach’
Basis based on the required data recorded at the ‘Reference Weather Station (RWS)’
during the risk period. Should the RWS data be unavailable for any day during the risk period, the data of ‘Backup Weather Station (BWS)’ would be used for the
purpose. In the absence of data from AWSs as alternative, data from Manual Rain gauge Stations of State Govt. or IMD will be adopted. The details of the RWS and BWS are appended in this notification.
7. The Nodal Banks is also to collect the list of individual insured farmers with requisite
details like name, father’s name, Bank Account number village, categories -
S&M/SC/ST/Women, insured acreage, insured crops(s), sum insured, premium
collected, government subsidy etc., from concerned branch in soft copy also for
further reconciliation and send the same to Agriculture Insurance Company with 15
days after final cut-off date.
8. Copies of the ‘Proposal Form’, ‘Loanee Declaration Format’, and ‘Non-loanee Declaration Format’ are appended in this notification. The list of Cultivators with coverage details also need to be sent along with the declaration.
9. Banks are paid 4% of premium as Service Charges for Loanee/Non-loanee coverage.
10 All payouts under the scheme are settled by Agriculture Insurance Company of India
Limited (AIC) after the completion of risk period subject to availability of the data in time.
11. Bankers are advised to contact AIC, RO, Hyderabad in case of any clarification.
________________
275 of 276.
Annexure - X
CERTIFICATE OF TENANCY FOR CROP INSURANCE PURPOSE
I/We ____________________ S/o________________________ resident of ____________________ am/are the owner/landlord of schedule property details given here under.(Xerox copy of the land
pass book is attached).
S.No District Mandal Revenue village
Survey No. Area in Acres/cents/Guntas
I hereby declare that property at Survey number(s) ______________ has been offered to
Shri/Smt _______________________________S/o_______________________ resident of
_________________ village for the purpose of ______________Crop cultivation (Specify the crop
name) on tenancy / lease basis for a period from_____________ to ________________.
Further I hereby declare that I have not submitted / will not submit any other crop Insurance
proposal covering the above mentioned crops during the season either through any of the Bank
branch or Primary Agriculture Co- Operative society (PACS) or Insurance Intermediaries or directly
under any Crop Insurance Scheme. I also understand that in case more than one Insurance of the
crop/area or any untrue statement, the claim, if any , shall stand repudiated.
Signature of the Landlord/Owner Signature of the Tenant farmer