Products

Arable crop production

Types of contracts eligible for premium subsidy

Our premium-subsidized crop insurance is recommended for agricultural producers, integrators, and all others who are eligible to apply for premium-subsidized crop insurance under Act CLXVIII of 2011 and the call for proposals VP3-17.1.1-16 on the detailed conditions for support granted toward agricultural insurance premiums.

• „A” type Crop Insurance – package insurance, which includes protection against the risks of hail, storm, winter, spring and autumn frost, drought, flood, and cloudburst for the main crops.(can only be concluded jointly – for crop types currently specified in the legislation),
• amount of premium subsidy: min.41.25%-max.70%
• „C” type Crop Insurance – for arable crops, any of the above risks may be selected.(can be concluded separately – for crop types currently specified in the legislation),
• amount of premium subsidy: min.30%-max.70%

Supplementary insurance to premium-subsidized crop insurance, not eligible for premium subsidy (“D” type)
We recommend it as supplementary insurance alongside premium-subsidized policies. (Due to the subsidy regulations, those policies only provide cover for loss events causing damage above 20%. With this supplement, you may receive compensation from a 5% damage threshold in the event of hail and storm damage.

Crop insurance (non-premium-subsidized)

The insurance may be taken out by any person with an interest in the protection of the crop culture (owner, tenant, operator, usufructuary tenant, etc.).

What risks may it cover?

• fire-hail-spring frost-winter frost-autumn frost-storm-water damage-cloudburst-drought-sand damage-soil crusting - risks can be insured separately

Cultivation of fruits and horticultural crops

• „B” type Crop Insurance – can be concluded for horticultural crops and fruits, with selectable risks: hail, storm, winter, spring and autumn frost, drought, flood, and cloudburst.(can be concluded separately-for crop types currently specified in the legislation)
• amount of premium subsidy: min.30%-max.70%

Crop Insurance (non-premium-subsidized)

The insurance may be concluded by any person with an interest in protecting the crop culture (owner, tenant, operator, usufructuary tenant, etc.).

What risks does it cover?

• fire-hail-spring frost-winter frost-autumn frost-storm-water damage-cloudburst-drought-sand damage-soil crusting - risks can be insured separately

We recommend our premium-subsidized crop insurance to agricultural producers, integrators, and all others who may apply for premium-subsidized crop insurance under Act CLXVIII of 2011 and the call for proposals VP3-17.1.1-16 on the detailed conditions of support granted for agricultural insurance premiums.

• „A” type Crop Insurance– package insurance, which includes protection against the risks of hail, storm, winter, spring and autumn frost, drought, flood, and cloudburst for the main crops.(can only be concluded jointly-for crop types currently specified in the legislation),
• amount of premium subsidy: min.41.25%-max.70%
• „B” type Crop Insurance – can be concluded for horticultural crops and fruits, with selectable risks: hail, storm, winter, spring and autumn frost, drought, flood, and cloudburst.(can be concluded separately-for crop types currently specified in the legislation),
• amount of premium subsidy: min.30%-max.70%

Types of contracts eligible for premium subsidy

• fire-hail-spring frost-winter frost-autumn frost-storm-water damage-cloudburst-drought-sand damage-soil crusting-separately selectable risks
• amount of premium subsidy: min.30%-max.70%

Supplementary insurance to premium-subsidized crop insurance, not eligible for premium subsidy (“D” type)
We recommend it as supplementary insurance alongside premium-subsidized contracts. (Due to the subsidy regulations, those contracts only provide cover for loss events causing damage above 20%. With this supplement, you may receive compensation from a 5% damage threshold in the event of hail and storm damage.)

Crop Insurance (non-premium-subsidized)

The insurance may be concluded by any person with an interest in protecting the crop culture (owner, tenant, operator, usufructuary tenant, etc.).

What risks does it cover?

Viticulture

Supplementary insurance to premium-subsidized crop insurance, not eligible for premium subsidy (“D” type)
We recommend it as supplementary insurance alongside premium-subsidized contracts. (Due to the subsidy regulations, those contracts only provide cover for loss events causing damage above 20%. With this supplement, you may receive compensation from a 5% damage threshold in the event of hail and storm damage.)

Horticultural crops

Types of contracts eligible for premium subsidy

We recommend our premium-subsidized crop insurance to agricultural producers, integrators, and all others who may apply for premium-subsidized crop insurance under Act CLXVIII of 2011 and the call for proposals VP3-17.1.1-16 on the detailed conditions of support granted for agricultural insurance premiums.

• “B” type Crop Insurance – can be concluded for horticultural crops and fruits, with selectable risks: hail, storm, winter, spring and autumn frost, drought, flood, and cloudburst.(can be concluded separately-for crop types currently specified in the legislation) the following crops are also included here

Sugar beet, poppy seed, soybean, sorghum, etc.

Supplementary insurance to premium-subsidized crop insurance, not eligible for premium subsidy (“D” type)
We recommend it as supplementary insurance alongside premium-subsidized contracts. (Due to the subsidy regulations, those contracts only provide cover for loss events causing damage above 20%. With this supplement, you may receive compensation from a 5% damage threshold in the event of hail and storm damage.)

Crop Insurance (non-premium-subsidized)

The insurance may be concluded by any person with an interest in protecting the crop culture (owner, tenant, operator, usufructuary tenant, etc.).

What risks does it cover?

• fire-hail-spring frost-winter frost-autumn frost-storm-water damage-cloudburst-drought-sand damage-soil crusting-separately selectable risks

Property and liability insurance for agricultural enterprises, as well as livestock insurance

What does agricultural property insurance cover

• buildings
• structures
• agricultural machinery
• other machines and equipment (e.g. cleaning and drying equipment)

or current assets such as

• stocks
• materials
• goods
• forage

What does the insurance apply to?

• Fire insurance
• Burglary and robbery insurance (Fire supplementary insurance)
• Electronic equipment all risks property insurance (Fire supplementary insurance)
• Machinery breakdown insurance (Fire supplementary insurance)
• Combined property insurance for machinery and equipment GÖB (Fire supplementary insurance)
• Allianz Cargo Protection - Domestic goods in transit insurance (Fire supplementary insurance)

Agricultural liability insurance

Insurance that provides cover for damage caused by the farmer (primary producer, farm, agricultural enterprise) to third parties.

1. Operational liability

• damage caused during agricultural work (e.g. spraying drifts onto neighboring land)

2. Crop and plant damage caused to others

• chemical drift
• damage caused by water drainage
• animals trample the neighboring land

3. Damage related to livestock keeping

• an animal escapes and causes damage
• bite, injury
• road accident (e.g. a cow on the road)

4. Property damage

• damage caused to someone else’s property
• damage caused by machinery

5. Personal injury

• someone is injured on the farm premises
• a third party is injured due to the activity of an employee

Livestock insurance

It can be taken out for any large farm animal and poultry.
Livestock insurance is a form of property insurance that provides cover for damage to the insured animals, death, or compulsory slaughter.

What does it cover?

1. Death (loss)

• as a result of disease
• due to an accident
• infections, epidemics (subject to conditions)

2. Compulsory slaughter

• if the animal must be slaughtered due to illness or injury (e.g. it is no longer economically treatable)

3. Natural damage

• storm
• lightning strike
• flood
• extreme weather

4. Other external effects

• fire
• explosion
• poisoning (in certain cases)
• ingestion of a foreign object

Combined property insurance for machinery and equipment

It is primarily recommended for those whose production or operation depends heavily on technical equipment, and where a breakdown would cause significant financial loss.

Combined property insurance for machinery and equipment (often an “all risks” type of insurance) basically provides cover for unexpected and unforeseeable damage occurring to the company’s technical equipment.

What does it cover?

1. Internally caused damage

• design, material, or manufacturing defect
• operating error, negligence
• disintegration due to centrifugal force
• lack of lubrication, overheating

2. Electrical damage

• short circuit
• overvoltage
• insulation failure
• indirect effect of lightning

3. External, sudden events

• ingress of a foreign object
• collision, overturning (for mobile machinery)
• falling, mechanical damage

4. Natural events (depending on the contract)

• storm
• hail damage
• flood
• earthquake

5. Fire and explosion damage

• fire
• explosion
• smoke and soot damage