Insurance Coverage on Live stock

Contact Person: B. Shiv Shankar
Corresponding Address:
2-2-1167/2H, 2nd Floor,
Tilaknagar Main Road,
Hyderabad - 500044
Phone: +91-40-27551045 / 27555893
Cell: 09849368003
For Further information Please contact:
Y. Raghunatham
Sri Vittal Veterinary Distributors
F-5, Askar Arcade Apartments,
Abids, Hyderabad - 500001
Phone: +91 -40-24753931
Cell: 09848037603

Insurance Coverage for:

Cattle: eg: cost of cattle Rs. 15,000/- per animal

4% of sum Insured i.e on Rs. 15,000/-                   Rs. 600
+ 10.2 % S.T.                                                     Rs. 61.20
-----------------------------------------------------------------------------------------
Total:                                                                 Rs. 661/-
----------------------------------------------------------------------------------------

Sheep:      eg. Cost of Sheep / goat Rs. 1500 per animal

4% of S.I.                                                            Rs.60.00
10.2% S.T.                                                          Rs.  6.12
-----------------------------------------------------------------------------------------
Total:                                                                   Rs. 66/-
----------------------------------------------------------------------------------------

Poultry:
Broiler: 
                          For 6 Weeks                                              f or 8 weeks
Peak value of birds          Rs. 45 (per bird)                                       Rs. 45 (per bird)

1.20% on Rs. 45/-           Rs. 0.54                   1.50%                          Rs. 0.67          
+ 10.2% S.T                   Rs. 0.05                   10.20%                         Rs.0.06
----------------------------------------------------------------------------------------------------------------------------
Total :                            Rs. 0.60                                                       Rs. 0.75
----------------------------------------------------------------------------------------------------------------------------

Layers:

Peak value    Rs. 75/- (per bird)

0-20 weeks    3.20% = 2.40+0.24 (ST)= Rs. 2.64 per bird
21-70 weeks 3.50%=2.62+0.26(ST) = Rs. 2.89 per bird
0-70 weeks 5.50% = 4.12#+0.42(ST) = Rs. 5.54 per bird

# Shed of poultry farm
Rs. 1.60% Rs. 1000/- = Rs. 1.60

Terms & Conditions

On Payment policy will be issued in the name of Farmer / Organisation. The policy is valid for one calender year. (i.e. from 1-4-2005 to 31-3-2006)

In the event of any claim, insured has to inform the insurance company addressing sr. Div. manager. The reasons for mortality should be cetified by a veterinary doctor / Govt institution. On receipt of claim report company deputes surveyor or the claim will be settled subject to satisfaction of details within fortnight subject to complying all formalities i.e., claim intimation report, post mortem report by the veterinary doctor etc.

Back