Kshema unveils crop insurance in AP, TG
image for illustrative purpose
Vijayawada: Kshema General Insurance Limited on Tuesday announced the availability of its flagship crop insurance product Sukriti along with Prakriti in Telugu-speaking States of Andhra Pradesh and Telangana this kharif season.
Farmers in the two States can now protect more than 100 seasonal crops starting from just Rs 499 per acre. Andhra Pradesh and Telangana farmers face multiple challenges in their endeavour of growing food for the State and the nation. Nature’s fury is one of them. Extreme climate events are becoming more intense and frequent.
These impact the farmers disproportionately and cause crop loss leading to income shocks, according to CV Kumar, Chief Underwriting Officer, Kshema General Insurance Limited. He told reporters here, “We understand the farmer and their challenges. We considered multiple factors while designing Sukriti to ensure the insurance needs of farmers are met and our mission to safeguard them from income shocks is also fulfilled.
