Rural Products

Rural Products

Scope of cover

The functioning of key equipment and availability of resources are critical for a farmer's success. Future Generali aims at providing an exclusive cover in the event of loss or damage to Agricultural Pumpsets.
Comprehensive cover includes:

  • Loss of or damage to pumpsets due to Accidental fire, Lightning
  • Sudden and unexpected mechanical or electrical breakdown, Riot, strike or malicious damage
  • Reimbursement of cost incurred by the Insured for dismantling and erecting the Pump Set and transporting it to the closest repairer.

Exclusions

  • Loss or damage due to wear and tear, gradual deterioration, atmospheric or climatic conditions, etc
  • Any maintenance costs for the set or any replacement parts which are consumable in nature;
  • The cost of rectifying functional failures unless due to an insured event under this Cover.
  • Ionising radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste
  • War or War like conditions
  • Earthquake, flood, storm, cyclone or other convulsions of nature or atmospheric disturbances
  • Act of terrorism.

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Future Generali India Insurance Co. Ltd., Indiabulls Finance Centre, Tower 3, 6th Floor, Senapati Bapat Marg, Elphinstone (W),
Mumbai - 400 013. IRDA Registration No: 132. CIN: U66030MH2006PLC165287     Copyright © 2014. Future Generali. All Rights Reserved.

Tax benefits are as per Income Tax Act, 1961, and are subject to modifications made thereto from time to time. Insurance is the subject matter of the solicitation.
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