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Monday, July 8, 2013

Online crop insurance service from United India

United India Insurance, in association with Agriculture Insurance Co of India, has launched an Internet service to cater to the crop insurance needs of farmers in remote areas.

Milind Kharat, Chairman and Managing Director of United India, and P. J. Joseph, Chairman of Agriculture Insurance Company of India Ltd, formally launched the Web portal recently.

According to a press release from United India, most of the farmers have no easy access to the offices of insurance companies.

This portal would facilitate insurance agents offer farmers services such as transfer of data on real-time basis and faster settlement of claims.

The farmers will be given an identification number that can be used for further renewals.

United India is marketing two schemes — weather-based crop insurance and modified national agriculture insurance — in designated districts of Kerala, Tamil Nadu, Andhra Pradesh and Karnataka.

Source: thehindubusinessline


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