Losses caused by meteorological phenomena are constantly increasing.
Insurance benefits average 160%. from insurance premiums paid by farmers.
The state supports crop insurance by compensating 50 percent. insurance premiums, and the risk of frostbite and natural drought is reimbursed up to 70%. insurance premiums from the budget of the European Union.
The activities of the insurance company carrying out crop insurance are transparent and open to the farming community, taking into account the wishes and suggestions of farmers.
Online crop insurance in Lithuania is one of the most advanced and effective forms of insurance in Europe, enabling to reduce bureaucracy and the company’s operating costs.
The use of information provided by satellites (artificial earth satellites) for crop monitoring, plant quality and damage assessment is the most advanced crop insurance system in Europe.
Crop insurance creates more favorable conditions for farmers (lower interest rates, lower taxes) and better access to credit by mortgaging not only the land, but also the crops themselves, which acquire real value (can be a guarantor) only by being insured.
The crop insurance company Vereinigte Hagel has many years of specialized experience and trust among both German and foreign farmers. Only 0.02 percent. all disputes between the company and the farmers over the benefits are settled by the courts.
Damage assessment is performed by the insured farmers themselves, who are well versed in loss assessment methodologies and regional agrotechnical technologies.
It enables insured farmers to make the most important decisions themselves.
To find out the amounts of the crop insurance premium, write us the following information about your crops: In which eldership are your fields and what species of plants do you grow? And we are also waiting for your suggestions and wishes about the crop insurance system in Lithuania.