Insurance Company “BROKBUSINESS” has indemnified UAH 747.652 thousand in accordance with two crop insurance policies
Future harvest of sunflower and corn on an area of 200 hectares was insured against such risks as hail, atmospheric and soil drought, frost, strong wind (hurricane), soil overwetting, fire, plant disease, plants damage by pests.
The insured event was caused by the summer drought which had led to a reduction in yield of sunflower and corn in Vinnitsa region in July and August 2015. Farmers who insured their crops received significant losses due to unfavorable weather conditions.
On the basis of surveyed and considered documents provided by the Insured Insurance Company “BROKBUSINESS” has paid indemnification according to the terms and conditions of the policy.