Kisan Sathi
A Kshema product
- Coverage for crops for which a loan from the bank has been obtained
- 100+ crops covered
- Protection against 9 perils
- Personal accident cover during the policy period
Protect your crops from 9 Natural Perils and Personal Accident
Frequently Asked Questions
It is a comprehensive insurance policy designed for bank customer who are the Cultivator, covering crop insurance and personal accident insurance.
There are two parts under Kshema Kisan Sathi Insurance Policy
Part I: Crop Insurance
Part II: Personal Accident Insurance
Yes, when any customer is opting for crop insurance, the coverage against Personal accident is mandatory.
No, you must be insured under both the coverages.
The policy period shall start from the day the premium is paid or sowing date of the crop whichever is later till the date calculated as per the duration of the crop from the crop sowing date.
Yes, since both the coverage are part of the same policy, the personal accident insurance also starts and ends as mentioned in the policy period.
Yes, only when the insured opts to cancel the policy before the end date.
The policy coverage for the crop continues till expiry of the policy period or harvest of the crop whichever is earlier.
The PA coverage will continue till the policy expiry date.
Yes, the contribution clause shall apply. If the same crop on the same farmland is insured under more than one policy, and a loss occurs that is covered by both policies, we shall be liable to pay a ratable proportion of the claim amount based on the respective coverage under each policy.
No, the contribution clause shall not apply.
The sum insured is determined to the extent of crop loan amount sanctioned by bank
The sum insured of loan amount sanctioned by bank towards crop insurance is the sum insured under Personal accident insurance.
No, the sum insured is restricted up to the crop loan amount.
You can contact our Relationship Manger, he/she will guide you.
SoF (Scale of Finance) will consider in case of Non Loanee customers.
Under Part I: It’s the fixed amount (₹500 per claim) that you must bear for each claim before the insurance coverage applies.
Under Part II: Nil
Under Part I: The first 7 days from the policy start date.
Under Part II: Nil
No, Post harvest losses are not covered under Part I of the policy as it is an exclusion.
No, consequential losses are not covered under this policy.
Farmers between 18 to 70 years of age.
No, it’s not allowed.
Seasonal crops along with banana and coconut if loan is provided by the bank which are mentioned in the proposal list are covered under crop insurance.
Cyclone, earthquake, fire due to lightning, flood, hailstorm, inundation (except hydrophilic crops), landslide, tsunami, and animal attacks (only for a maximum sum insured of 25% of the policy sum insured) (elephant and wild boar).
Accidental death resulting from a sudden, violent, and external event.
Photos / video of the loss or damage through Kshema app on every alternative day till the loss or damage is final.
• Duly completed claim form.
• Your Photo Identity Proof
• Death Certificate
• Viscera test in case of Snake bite / poison.
• Postmortem Report (if conducted).
• Identity proof of Nominee or Original Succession Certificate/Original Legal Heir.
• Copy of FIR/ Chargesheet and Final Report/ Panchnama /Police Inquest Report (wherever these reports are required as per the circumstance of the Accident) duly attested by the concerned Police Station.
• Copy of Medico Legal Certificate (wherever it is required as per the circumstance of the Accident) duly attested by the concerned Hospital.
• Any other relevant document required by us for assessment of the claim.
Yes, you can cancel the policy at any time during the term, by informing us in writing.
We can cancel the policy only on the grounds of established fraud, by giving minimum notice of 7 days to the policy holder.
I. Refund proportionate premium for unexpired policy period,
II. “In case a claim is intimated on the policy, no premium shall be refunded upon cancellation under any circumstances.
Nomination can be changed at any time during the term of the policy.
Yes, only one-time change of sowing date is allowed.
No, Crop change is not permitted.
Any loss of or damage to crop arising from one or more of the insured perils during the period of 72 consecutive hours starting from the inception of loss occurring event shall be deemed as a single event and therefore subject to one excess and one claim.
Compensation = Sum Insured x corresponding Compensation percentage to the stage of the crop x extent of insured area affected x Loss Percentage x Indemnity Percentage -Excess/Deductible.
Claim detection and loss assessment will be done through remote sensing satellite image/photos/video submitted through Kshema Application using inhouse developed algorithm.
Intimate the loss along with your Policy details not later than 24 hours of occurrence of incident through Kshema Application or You can call our call-centre team T: +91 40 2340 9918 or Email customer.support@kshema.co or visit the registered office.
In case of total loss, the policy is deemed to be null and void from the date of lodging the claim and no coverage shall be available despite the availability of unexpired period.
In case of claim paid for an area affected, it is deemed that the sum insured for that area is considered exhausted, the policy shall continue for the unaffected area and the sum insured available shall be proportionately determined based on the unaffected area.
We will settle or reject a claim, as the case may be, within 30 days from the date of receipt of last requisitioned document.
The product may be withdrawn in future with due approval of IRDAI, in which case an ad-vance notice of at least three months shall be given to all the insured parties.
As the subject matter insured gets exhausted, the question of renewal does not arise, however a new policy can be obtained for new crop sown.
Yes, your policy is hypothecated to the bank in case you have obtained loan from the bank.
No, in the case of farmer who has obtained a loan, the claim amount will be credited to your loan account and any amount over and above the loan will be paid to you.
The claim amount after adjusting against the loan will be paid to your nominee.
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