Coconut Palm Insurance Scheme (CPIS)

Coconut Palm Insurance Scheme (CPIS)

Premium rate per palm ranges from Rs. 9.00 (in the age group of 4 to 15 years) to Rs. 14.00 (in the age group of 16 to 60 years)50-75 % subsidy of premium is provided to all types of farmers.When the palm trees are damaged, the indemnity payment equal to sum insured / damage is payable to the insured farmers in notified areas.

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