Risks covered under General Insurance are cyclone, drought and excessive rainfall. Insureds are compensated for losses arising out of the occurrence of one or a combination of the insured risks. Losses occurring during the intercrop season due to fire are compensable.
NON INSURABLE RISKS
Staff of the Fund (inspectorate division) undertakes periodical inspections (a minimum of three annually) to take note of the state of cane cultivation. Competitive weeds, gaps between stools, bad fertilisation, diseases, pest (except yellow spot) etc are classified as adverse items. Planters are advised of the condition of their cane plantations in case of existence of any adverse item. In case of disagreement the planter can request for a reinspection of his fields. The adverse item thus recorded reduces compensation payable in case of event years.