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БГ
 Perennials & Forest Plantations  Insurance

Perennials & Forest Plantations Insurance

If you cultivate perennials and forest plantations as main means of production, grant them insurance protection to cover the risks that might entail plant collapse.

Advantages

  • A broad range of insurance coverage options against damage of planted perennials and forest plantations, caused by occurred insured events.
  • The risks covered are tailored to the type of plantations and vary depending on the clause chosen

Application

Subject of insurance are newly planted plantations, such in fruit-bearing age and forests - grouped in three clauses:

  • Non-fruit-bearing
  • Fruit-bearing
  • Forest

Coverage under all three clauses refers to total collapse of plantations.

Main coverage options

"Non-fruit-bearing" clause

Subject of insurance are perennials for the period from the time of planting till the time of their entering into fruit-bearing age (exploitation).


Reimbursed costs are those for creating the plantations – for propagating material and planting.

  • For vineyards, covered expenses are such for planting, up to 25% of the propagating material value
  • For the other plantations - up to 10 % of the propagating material value

The Insurer will cover material damage, caused by total plant collapse due to harm, resulting from the following risks:

  • hail
  • storm
  • fire
  • freezing
  • snowbreakage
 "Fruit-bearing" clause

Subject of insurance are perennials in the fruit-bearing period (exploitation).


Reimbursed are expenses for creating and cultivating the plantation within the timespan until entering into fruit-bearing period (exploitation), reduced by the depreciation allowances for the years of fruit-bearing until the year of insurance policy conclusion

The Insurer will cover material damage, caused by total plant collapse due to harm, resulting from the following risks:

  • hail
  • storm
  • fire
  • freezing
  • snowbreakage
"Forest" clause

Subject of insurance are forest plantations as main means – up to 5 (five) years of age.

Reimbursed are expenses for forest creation - propagating material, preparation and planting in the amount of up to 15% of the propagating material value.

The Insurer will cover material damage, caused by total plant collapse due to harm, resulting from the following risks:

  • hail
  • storm
  • пtorrential rain and flood
  • fire - caused by a thunderbolt
  • freezing, frosting and snowbreakage
  • landslide/rockslide

 

Additional information

How is the insurance premium being determined? Insurance premium is being determined for a period of not more than one year and depends on the number of plants per decare, plantation area, total sum insured and selected risks.
How is the sum insured being formed? The sum insured is indicated by you within the defined maximum and minimum value limits.
Where can you conclude an insurance policy? At DZI offices, as well as with our professional partners (agents and brokers)
Premium payment? An option to pay in installments, as each consecutive installment may be easily and quickly paid online

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