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.