PRWire

IFFCO-TOKIO General Insurance Co. Ltd. (ITGI), a trusted player in general insurance, today announced claim disbursement worth Rs.1.31 crore for its immensely popular Barish Bima Yojna (BBY) for the farmers of Chattisgarh.

The claims have been made to 4,169 farmers in 7 districts of Surguja, Koriya, Jashpurnagar, Raigarh, Mahasamund (Saraipali), Kawardha and Rajnandgaon (Chhuikhadan, Dongargarh, Gandai and Ambagarh Choki) in Chhattisgarh. The scheme was applicable in 12 districts covering a total of 10,433 farmers in the state. The claim cheques were distributed through a function organized by the company in various locations. Dr. Raman Singh (Chief Minister of Chhattisgarh) graced the occasion as Chief Guest.

The unique policy has received an overwhelming response from the farmers, since it was launched by ITGI in 12 districts of Chhattisgarh during the Kharif season of 2007. Barish Bima Yojana provides insurance cover to farmers due to deficiency in rainfall.

Commenting on the success of the policy, Mr. S Narayanan, MD & CEO, IFFCO TOKIO General Insurance Co. Ltd. said, “Our endeavor is to protect the farmers of the country against unforeseen risks, and we are delighted by the success of the Barish Bima Yojana policy in the state of Chhattisgarh. ITGI with its unmatched products and service excellence will further leverage this accomplishment to introduce the policy in more regions of the country,” he added.

Since Oct 2001, ITGI has also been serving the farming community through its specially drafted personal accident policy linked with purchase of fertilizer, named “Sankat Haran Bima Yojna” through Co-operative societies under the slogan “Khad to khad Bima Saath”. Under this cover, no premium is charged from the farmer.

Till 31st January, 2008, 6945 claims have been paid, amounting to Rs. 40.55 crore, all over India.

ITGI has a strong presence in Chhattisgarh, with footprints in 8 districts, namely Raipur, Durg/Bhilai, Rajnandgaon, Bilaspur, Raigarh, Ambikapur and Jagdalpur. The company started the Chhattisgarh operations in 2004, and since then has also initiated the ‘Cooperative Model’ in the state through the Cooperative societies. ITGI has also opened

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

About Barish Bima Yojna

Barish Bima Yojna (BBY) is an index based Weather Insurance Product that caters to the needs of the farmers. The policy provides cover for anticipated deficiency in rainfall during the monsoon months (June-September). At the end of the policy period, the weighted Actual rainfall is compared to the weighted Normal rainfall and the Graded claim payout is made as per Claim Payout Table. The policy is sold as a Group Policy through Cooperative Societies / Co-operative Banks / NGOs etc.

: IFFCO-TOKIO General Insurance Co. Ltd. (ITGI), a trusted player in general insurance, today announced claim disbursement worth Rs.1.31 crore for its immensely popular Barish Bima Yojna (BBY) for the farmers of Chattisgarh.

The claims have been made to 4,169 farmers in 7 districts of Surguja, Koriya, Jashpurnagar, Raigarh, Mahasamund (Saraipali), Kawardha and Rajnandgaon (Chhuikhadan, Dongargarh, Gandai and Ambagarh Choki) in Chhattisgarh. The scheme was applicable in 12 districts covering a total of 10,433 farmers in the state. The claim cheques were distributed through a function organized by the company in various locations. Dr. Raman Singh (Chief Minister of Chhattisgarh) graced the occasion as Chief Guest.

The unique policy has received an overwhelming response from the farmers, since it was launched by ITGI in 12 districts of Chhattisgarh during the Kharif season of 2007. Barish Bima Yojana provides insurance cover to farmers due to deficiency in rainfall.

Commenting on the success of the policy, Mr. S Narayanan, MD & CEO, IFFCO TOKIO General Insurance Co. Ltd. said, “Our endeavor is to protect the farmers of the country against unforeseen risks, and we are delighted by the success of the Barish Bima Yojana policy in the state of Chhattisgarh. ITGI with its unmatched products and service excellence will further leverage this accomplishment to introduce the policy in more regions of the country,” he added.

Since Oct 2001, ITGI has also been serving the farming community through its specially drafted personal accident policy linked with purchase of fertilizer, named “Sankat Haran Bima Yojna” through Co-operative societies under the slogan “Khad to khad Bima Saath”. Under this cover, no premium is charged from the farmer.

Till 31st January, 2008, 6945 claims have been paid, amounting to Rs. 40.55 crore, all over India.

ITGI has a strong presence in Chhattisgarh, with footprints in 8 districts, namely Raipur, Durg/Bhilai, Rajnandgaon, Bilaspur, Raigarh, Ambikapur and Jagdalpur. The company started the Chhattisgarh operations in 2004, and since then has also initiated the ‘Cooperative Model’ in the state through the Cooperative societies. ITGI has also opened

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

About Barish Bima Yojna

Barish Bima Yojna (BBY) is an index based Weather Insurance Product that caters to the needs of the farmers. The policy provides cover for anticipated deficiency in rainfall during the monsoon months (June-September). At the end of the policy period, the weighted Actual rainfall is compared to the weighted Normal rainfall and the Graded claim payout is made as per Claim Payout Table. The policy is sold as a Group Policy through Cooperative Societies / Co-operative Banks / NGOs etc.

Mr. S Narayanan, MD & CEO, IFFCO TOKIO General Insurance Co. Ltd. said, “Our endeavor is to protect the farmers of the country against unforeseen risks, and we are delighted by the success of the Barish Bima Yojana policy in the state of Chhattisgarh. ITGI with its unmatched products and service excellence will further leverage this accomplishment to introduce the policy in more regions of the country,” he added.

Since Oct 2001, ITGI has also been serving the farming community through its specially drafted personal accident policy linked with purchase of fertilizer, named “Sankat Haran Bima Yojna” through Co-operative societies under the slogan “Khad to khad Bima Saath”. Under this cover, no premium is charged from the farmer.

Till 31st January, 2008, 6945 claims have been paid, amounting to Rs. 40.55 crore, all over India.

ITGI has a strong presence in Chhattisgarh, with footprints in 8 districts, namely Raipur, Durg/Bhilai, Rajnandgaon, Bilaspur, Raigarh, Ambikapur and Jagdalpur. The company started the Chhattisgarh operations in 2004, and since then has also initiated the ‘Cooperative Model’ in the state through the Cooperative societies. ITGI has also opened

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

About Barish Bima Yojna

Barish Bima Yojna (BBY) is an index based Weather Insurance Product that caters to the needs of the farmers. The policy provides cover for anticipated deficiency in rainfall during the monsoon months (June-September). At the end of the policy period, the weighted Actual rainfall is compared to the weighted Normal rainfall and the Graded claim payout is made as per Claim Payout Table. The policy is sold as a Group Policy through Cooperative Societies / Co-operative Banks / NGOs etc.

Sankat Haran Bima Yojna” through Co-operative societies under the slogan “Khad to khad Bima Saath”. Under this cover, no premium is charged from the farmer.

Till 31st January, 2008, 6945 claims have been paid, amounting to Rs. 40.55 crore, all over India.

ITGI has a strong presence in Chhattisgarh, with footprints in 8 districts, namely Raipur, Durg/Bhilai, Rajnandgaon, Bilaspur, Raigarh, Ambikapur and Jagdalpur. The company started the Chhattisgarh operations in 2004, and since then has also initiated the ‘Cooperative Model’ in the state through the Cooperative societies. ITGI has also opened

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

About Barish Bima Yojna

Barish Bima Yojna (BBY) is an index based Weather Insurance Product that caters to the needs of the farmers. The policy provides cover for anticipated deficiency in rainfall during the monsoon months (June-September). At the end of the policy period, the weighted Actual rainfall is compared to the weighted Normal rainfall and the Graded claim payout is made as per Claim Payout Table. The policy is sold as a Group Policy through Cooperative Societies / Co-operative Banks / NGOs etc.

st January, 2008, 6945 claims have been paid, amounting to Rs. 40.55 crore, all over India.

ITGI has a strong presence in Chhattisgarh, with footprints in 8 districts, namely Raipur, Durg/Bhilai, Rajnandgaon, Bilaspur, Raigarh, Ambikapur and Jagdalpur. The company started the Chhattisgarh operations in 2004, and since then has also initiated the ‘Cooperative Model’ in the state through the Cooperative societies. ITGI has also opened

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

4 Bima Kendra Center’s at Durg, Rajnandgaon, Raipur and Ambikapur. The company has also tied up-ups with APEX Bank in the state.

About Barish Bima Yojna

Barish Bima Yojna (BBY) is an index based Weather Insurance Product that caters to the needs of the farmers. The policy provides cover for anticipated deficiency in rainfall during the monsoon months (June-September). At the end of the policy period, the weighted Actual rainfall is compared to the weighted Normal rainfall and the Graded claim payout is made as per Claim Payout Table. The policy is sold as a Group Policy through Cooperative Societies / Co-operative Banks / NGOs etc.