An insurance scheme for pig farmers has been introduced by the Agricultural and Agrarian Insurance Board in collaboration with the Department of Animal Production and Health.
The scheme provides insurance coverage for breeding pigs maintained at commercial-scale farms, offering compensation for deaths caused by accidents and diseases affecting the animals.
The insurance is available for breeding pigs aged between six months and four-and-a-half years.
The maximum insured value per animal has been set at Rs. 200,000, based on either the replacement cost or the production cost. Claims can be made only for deaths resulting from insured causes.
Farmers are also required to maintain their farms in accordance with the biosecurity guidelines recommended by the Department of Animal Production and Health.