Krishi VaartaKrishi Jaagran
Insurance companies for Prime Minister Crop Insurance Scheme
Agriculture in our country is completely based on weather. The crop is good when the weather is favorable and rains are in equal proportion. In the same way, there is drought due to less rainfall and crops are also damaged even if there is excess rain. On this basis, we can say that there is always a risk in agriculture. The government wants to protect the farmers from risk and also benefit them. But the government does not want to spend more money from the government treasury for this. This is the situation where the role of government and non-government agricultural crop insurance companies increases.
The insurance companies compensate the government's failures to provide complete financial assistance to the farmers. Therefore, the government also has to accept some unwanted conditions of agricultural insurance companies. Disputes also arise when it comes to settling a large number of crop insurance claims. Insurance companies also question the genuineness of the claim. But overall, the insurance companies act as a medium on behalf of the government in providing benefits of crop insurance to the farmers. Because the government bears the major part of the crop insurance premium.
The insurance companies that embodied the PM crop insurance scheme include Agriculture Insurance Company, Bajaj Allianz, Bharti Aksa General Insurance, Cholamandalam MS General Insurance, ICICI Lombard General Insurance, IFFCO Tokyo General Insurance and National Insurance Company etc.
How to apply for Prime Minister Crop Insurance Scheme online
First of all, you have to go to the official portal of PM Crop Insurance Scheme https://pmfby.gov.in/.
After this, click on the link of "Apply for Crop Insurance by yourself" in the "Farmer Corner" on the homepage.
After this, you will see the Farmer Application page there, where you have to click on the button of "Guest Farmers".
You can also click on its https://pmfby.gov.in/farmerRegistrationForm.
After this, the farmer registration form of the Prime Minister Crop Insurance Scheme will open.
Fill all the information asked in the registration form carefully such as name, address, phone number, Aadhaar card, bank account information etc.
After filling all the information verify your mobile number with OTP and verify the Aadhaar number, click on the button "Create User".
After the farmer registration, login with your mobile number and OTP and complete the remaining steps like uploading documents etc.
After registering on the portal, you will get a "Receipt / Reference" number which can be used to know the status of the application.
You can get other information by going to the official website and clicking on the tab in the helpline. In addition, almost all insurance companies offer toll free numbers. Farmers registered for crop insurance can call the toll free number for any emergency or loss of crops.
Source: Krishi jagran, 13 August 2020,
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