Azerbaijan pays record amount of agrarian insurance for damage to orchards

Azerbaijan pays record amount of agrarian insurance for damage to orchards

BAKU, Azerbaijan, November 25. Azerbaijan has
made giant funds for orchards and different crops throughout the
framework of state-supported agrarian insurance coverage, Development studies through the
Agrarian Insurance coverage Fund.

The data states that farmers and farms affected by
numerous occasions within the Aghstafa and Samukh districts obtained the
funds.

Insurance coverage funds have been issued in reference to losses from
hurricanes, hail, floods, and different occasions.

Thus, Kur Fruit Firm LLC, positioned within the Aghstafa district,
was paid 214,170 manat ($125,984) for the injury triggered to cherry,
apple, pear, and peach orchards.

The storm severely broken the cherry, apple, pear, and peach
orchards of Kur Fruit Firm LLC, positioned in Poilu village within the
Aghstafa district. The Agrarian Insurance coverage Fund obtained the report,
despatched consultants to examine the farm, assessed the injury, and paid the
orchards a document quantity of 215,170 manat ($126,571). That is the
largest insurance coverage fee for injury to orchards in Azerbaijan.

Floods affected the watermelon, sunflower, and barley fields
positioned within the Karabajli village of the Samukh district. After
investigating the incident, the Agrarian Insurance coverage Fund paid the
farmers 94,500 manat ($55,588) for watermelon fields, 24,500 manat
($14,411) for barley fields, and 39,600 manat ($23,294) for
sunflower fields. The funds for watermelons and sunflowers are
the very best insurance coverage quantities for these crops.

A hurricane in Might of this yr severely broken cherry, peach,
and plum orchards within the Garayeri village of the Samukh district.
This occasion led to an agrarian insurance coverage fee of 25,049 manat
($14,734) for the orchard’s injury.

Due to this fact, the Agrarian Insurance coverage Fund held an occasion on November
23 to supply insurance coverage funds to farmers within the Aghstafa and
Samukh districts affected by pure phenomena.

Main representatives from the Samukh district government
authority, the Shamkir and Goranboy branches of the Agrarian
Insurance coverage Fund, and the state agrarian growth facilities
participated within the occasions, presenting in depth details about
agrarian insurance coverage and funds to farmers affected by pure
phenomena.

Furthermore, it was famous on the occasion that because of unstable
climate circumstances and quite a few pure phenomena noticed this
yr in most areas of the nation, vital injury was triggered
to farms and sown areas, and crops have been flooded. Agstafa and Samukh
districts have been among the many farms most severely affected by these
occasions.




The chief authority of the Samukh district famous that the
area’s troublesome weather conditions usually result in pure
phenomena and injury to farms. They inspired the farmers to
make the most of the favorable phrases of the state-provided agrarian
insurance coverage to safeguard themselves towards such incidents.

Addressing the occasion, Imran Jumshudov, advisor to the chairman
of the board of the Agrarian Insurance coverage Fund, famous that the quantity
of farmers benefiting from agrarian insurance coverage and insurance coverage
funds is rising quickly.

Through the first 9 months of the present yr, the Agrarian
Insurance coverage Fund supplied insurance coverage funds to farmers totaling 3.8
million manat ($2.2 million). It’s anticipated that this quantity will
exceed 6 million manats by the tip of the yr. In whole, the
Agrarian Insurance coverage Fund has made insurance coverage funds to farmers
totaling greater than 10 million manats ($5.8 million).

The occasion famous that the state subsidizes agricultural
insurance coverage, paying half of the premiums to assist the farmer.

The occasion introduced insurance coverage funds to farmers affected by
pure phenomena. Farmers and farm managers receiving funds
said that the insurance coverage fee supplied them with wonderful
assist, and they’re fairly happy with the work of the agrarian
insurance coverage mechanism.

The farmers’ questions obtained detailed solutions and
explanations.

To notice, at current the Agrarian Insurance coverage Fund permits insuring
48 crops, which embrace cereals and technical crops, melons, and
orchards. The Agrarian Insurance coverage Fund insures virtually all fruit
crops planted within the nation.

Detailed data on the merchandise and dangers coated by
agricultural insurance coverage, in addition to on premiums, might be obtained on
the Agrarian Insurance coverage Fund’s web site at www.asf.gov.az and thru
the “plant insurance coverage calculator” on the web site web page. Farmers can
additionally get details about agrarian insurance coverage by calling the fund’s
name middle at 1,651 and insuring their farm.

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