Crop Loan Insurance Scheme (CLIS) a product designed by State Bank of Pakistan (SBP) to protect small farmers. This product is offered by all Commercial and Microfinance Banks in Pakistan and according to SBP directive following perils are covered under this program.

• Natural calamities like excessive rain, hail-storm, frost, cyclone, flood, and drought, etc.
• Crop diseases like viral and bacterial attacks, or any other damage caused to the produce by infestation like locust attack, etc.
• Maximum Indemnity is three times of premium paid to a particular insurance company during the period.
• Borrowers having landholding up to 25 acres (32 acres in case of Balochistan) are eligible under the scheme.

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Area Yield Insurance is a type of index-based crop insurance that provides payouts to farmers if the average crop yield in a specific geographic area falls below a pre-set historical benchmark, regardless of the yield on their individual farm.

Parametric Insurance is new trend in Agriculture segment where you insurance the event (according to threshold) agreed (means an index which must be fortuitous and can be modelled). If a certain agreed parameter is reached or exceeded, the insured is eligible to claim.

Livestock Insurance in light of Government of Pakistan’s Livestock Loan Insurance Framework/Scheme to cover the livestock loans extended by the Banks/institutions to the borrowers for the purpose of purchasing and rearing of animals for milk production and supply.

Insurance Clauses:

• Death due to disease/natural reasons.
• Death due to any accident (any visible and violent event causing injury and/or death is considered an accident).
• Death due to flood, accidental fire, heavy rains, windstorm.

Farmer's biggest help is "tractor" as traditional ploughing was a restless job. Tractor Insurance provides comprehensive coverage for tractors and related agricultural machinery against risks like accidental damage, theft, fire, or breakdowns.

Agriculture Machinery Insurance:

Agriculture Machinery that includes Plows, Harrows, Tillers, Harvesters, Threshers, Sprayers and Irrigation Equiment etc. Agriculture Machinery Insurance provides comprehensive coverage for farm equipment and machinery against risks such as accidental damage, theft, vandalism, fire, or mechanical breakdowns.

Agriculture Solar Insurance

Farmers are opting Solar energy as an alternate to fuel in order to run tube-wells or to operate controlled sheds for chicken farming. Solar Insurance includes Fire insurance Plus Allied Perils.