An insurance scheme for pig farmers has been introduced by the Agricultural and Agrarian Insurance Board in collaboration with the Department of Animal Production and Health.
The scheme provides insurance coverage for breeding pigs maintained at commercial-scale pig farms and a compensation will be provided for deaths caused by accidents and diseases affecting pigs.
The insurance is available for breeding pigs aged between six months and four-and-a-half years.
The maximum insured value per animal is set at Rs. 200,000, based on either the replacement cost or production cost and claims can be made only for deaths occurring due to insured causes, while farmers are required to maintain farms in accordance with biosecurity guidelines recommended by the Department of Animal Production and Health. (NewsWire)