Government of Rajasthan has initiated the “Bhamashah Pashu Bima Yojana” under which cattle and other domestic animals would be covered under life insurance plans. Under this scheme, the farmers and ranchers undergoing their business of animal husbandry can get the benefits included in the scheme.
Five animals per farmer is the limit set by the government to avail the facility. In order to get their animals insured the owners should have a valid Bhamashah Card. Along with the Bhamashah Card, other required documents for getting the insurance claim would be: – Enrollment form, Photograph of the animal along with the owner, BPL card and bank account details.
Benefits for the Farmers while paying the Insurance Premium
Under the scheme, the owner needs to visit the nearby Animal Hospital and fill in the necessary forms along with the acceptance letter. The cost of the animal will be decided on the basis of amount of milk it produces and its present health conditions. The owner will also have a choice whether to get the animal insured for one year or three years. Once the forms are duly filled, the owner would need to pay the insurance premium amount. The amount can be paid to the executive of the insurance company. The insured animal would be tagged behind the ear with a 12-digit number. Under this scheme, the people belonging to the Scheduled Caste, Scheduled Tribes and those who belong to the BPL category will have to deposit only 30 percent of the total premium amount. Rest of the 70 percent amount will be paid by the government. On the other hand, the people belonging to the general category would have to pay 50 percent of the premium amount and the rest amount will be taken care by the government. The 15 percent of the service tax will be applicable on the premium amount that will be paid by the cattle owner.
How to Claim
In case of the insured animal’s death, the owner would have to inform the concerned official of the Animal Husbandry department within 6 hours of death. Only those animals would be insured under these schemes who are not insured under any other insurance plan.
The insurance claim would be applicable under the following conditions:
- Accident which includes natural calamity like Fire, Electricity, Flood, Earthquakes, drought, etc.
- Death occurring during the insured period.
Claims would not be applicable under the following conditions:
- Intentionally caused injury to the animal by the owner.
- Intentional killing of the animal by the owner.
- Within first 15 days of the insurance.
- In case of animal stealing or unauthorized selling.
- Animal transit via air or water.
- Death Occurred during cattle fight.
- Claim would not be applicable if the animal doesn’t have the tag in its ear at the time of death. In case, the owner had informed the insurance company about the loss of the tag in advance and retagging was not done, then the claim would be applicable.
Role of Insurance Company
Under the scheme, the complete claim amount will be payable by the insurance company within 15 days of the document submission via RTGS. There has been a provision added under the scheme in which every month there would be a meeting held among the government officials and the insurance company officials wherein all the rejected claims would be reanalyzed by the government.
The primary owner can sell the insured animal as well but would need to follow the following terms and conditions:
- The sale letter will be provided to the insurance company for the records.
- The buyer would be required to pay a nominal fee of Rs. 50/- to the insurance company as Insurance transfer fee.
- If the animal is sold within 25 Kms, there would be no fees applicable against the premium amount. In case, the distance is more than 25 Kms, 1 percent of the premium amount would be payable by the buyer to the insurance company.
- The animal, if is sold at a long distance, would be required to be transported via Road transportation or Rail transportation only.
Looking at the past animal accidents, Government of Rajasthan has taken such a bold step in order to protect them against violence. At the same time, the government has also tried to ensure that farmers indulged in animal husbandry to take good care of their animals and hence, can take maximum productivity from them to serve the society. Prior to this scheme, the farmers couldn’t take care of their animals because of lack of funds for the animals’ proper treatment against health hazards but with the introduction of Bhamashah Pashu Bima Yojana, that also would become an easier task for our farmers.
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