Pashu Dhan Bima Yojana: Coverage, Exclusions and Advantages

Updated: 29-08-2023 10:11:22 AM

Pashu Dhan Bima Yojana is an online insurance policy which is highly designed to offer insurance cover to the cattle that are owned by farmers, co-operative societies, dairy farms and others. This insurance policy provides cover to the cattle breeders at different premium rates for different animals.

What all Pashu Dhan Bima Yojana Covers?

Mentioned below are the coverage provided under Pashu Dhan Bima Yojana:

In Case of Death of Cattle due to:

• Natural Accidents (Flood, Famine, Earthquake, etc.)
• Diseases
• Surgical Operations
• Terrorist Act
• Strike, Riot

Eligibility Criteria

Animals	Age
Milch Cows	2-10 years
Milch Buffaloes	3-12 years
Stud Bulls	2-8 years
Bullocks	2-12 years
Indigenous/ 1st exotic cross breed female calves/ heifers	4 months- 1st calving

Exclusions under Pashu Dhan Bima Yojana

Mentioned below are the exclusions under Pashu Dhan Bima Yojana:

• Negligence, unskilled treatment or animal’s use
• Contracted diseases/accidents prior to policy’s commencement
• Intentional killing, however, killing under legal and/or veterinarian’s supervision
• Air or sea transport and transit beyond 80 kilometres.
• Death due to Pleuropneumonia in Lakhimpur and Sibsagar (District of Assam)
• Any kind of partial disability
• Damage due to war, nuclear exposure, theft, secret sales or a missing case of an insured animal
• Animal’s demise within 15 days of policy’s inception

Companies offering Pashu Dhan Bima Yojana in India

Currently, there is only one company in India that offers Pahu Dhan Bina Yojana i.e. IFFCO-TOKIO General Insurance.

Advantages of Buying Pashu Dhan Bima Yojana

• High Sum Insured
• Easy Claim Settlement Procedure
• Death Benefit

 

 

 

Also Read: Cattle Insurance: Coverage, Claim & Exclusions

FAQs

Q. What is the sum insured under Pashu Dhan Bima Yojana?

A. Under Pashu Dhan Bima Yojana, sum insured depends upon the Animal’s breed, area, location and the market value of the cattle.

Q. Is Pashu Dhan Bima Yojana available online?

A. Yes. IIFCO-TOKIO General Insurance offers Pashu Dhan Bima Yojana online. Customers can visit the official website of insurer and can apply online.