Pradhan Mantri Fasal Bima Yojana Eligibility Criteria PMFBY
Find out who can get benefits under Pradhan Mantri Fasal Bima Yojana Eligibility.
- All farmers including sharecroppers and tenant farmers growing the notified crops in the notified areas are eligible for coverage.
- However, farmers should have insurable interest for the notified/ insured crops.
- The non-loanee farmers are required to submit necessary documentary evidence of land records prevailing in the State (Records of Right (RoR), Land possession Certificate (LPC) etc.) and/ or applicable contract/ agreement details/ other documents notified/ permitted by concerned State Government (in case of sharecroppers/ tenant farmers).
On Account Payment of Claims due to Mid-Season Adversity
It is proposed to provide immediate relief to insured farmers in case of adverse seasonal conditions during the crop season viz. floods, prolonged dry spells, severe drought etc., wherein expected yield during the season is likely to be less than 50% of Threshold yield.
- All notified Insurance Units would be eligible for “ON ACCOUNT” payment only if the expected Yield of the affected crop during the season is less than 50% of threshold yield.
- The provision is invoked by the State Government through damage notification based on the proxy Indicators.
- The provision could be invoked for a specific crop or group of crops in Notified Insurance Unit, depending on fulfillment of laid down conditions.
- Insurance company may decide the quantum of likely losses and the amount of ‘on-account’ payment based on the joint survey of Insurance Company and state government officials.
- Only those farmers would be eligible for financial support under this cover who has paid the premium / the premium has been debited from their account before the damage notification by the state government invoking this provision for compensation.
- Maximum amount payable would be 25% of the likely claims, subject to adjustment against final claims.
- If adversity occurs within 15 days before the normal harvest time, this provision will not be invoked.
Prevented / Failed Sowing and Prevented Planting / Germination Claims
It is proposed to provide insurance cover to farmers in case of widespread incidence of eligible risks affecting crops in more than 75% of area sown in a notified unit at early stage leading to total loss of crop or the farmers are not in a position to either sow or transplant the crop.
- The State Government would provide Notified Insurance Unit and crop wise normal area sown at the beginning of the season within 15 days.
- Notified Insurance Units will be eligible for “Prevented Sowing/ Planting” pay-out only if more than 75% of Crop Sown Area for notified crop remained unsown due to occurrence of any of the above perils.
- The provision is invoked by the State Government through notification based on the proxy Indicators.
- Only those farmers would be eligible for financial support under this cover who have paid the premium / the premium has been debited from their account before the notification by the state government invoking this provision for compensation.
- The State Government would notify crop wise and agro-climatic zone or district wise cut off dates by which, this provision could be invoked.
It is proposed to provide for assessment of yield loss on individual plot basis in case of occurrence of cyclone, cyclonic rains and unseasonal rains throughout the country resulting in damage to harvested crop lying in the field in ‘cut and spread’ condition up to maximum period of two weeks (14 days) from harvesting for sole purpose of drying.
- Available to all insured farmers, at farm unit level, affected by above mentioned perils in a Notified Insurance Unit growing notified crops for which insurance have been availed.
- Available for all crops damaged by specified perils, which are left in the field after harvesting in “cut and spread condition” for drying up to a period of 14 days from harvest.
It is intended to provide insurance cover at individual farm level to crop losses due to occurrence of localized perils/ calamities viz. Landslide, Hailstorm and inundation affecting part of a notified unit or a plot.
- Available to all insured farmers, at farm unit level, affected by above mentioned perils in a Notified Insurance Unit growing notified crops for which insurance has been availed.
- Maximum liability is limited to proportionate Sum Insured of damaged crop’s area. This would be based on the proportion of cost of inputs incurred during sowing period to the sum insured.
- Only those farmers would be eligible for financial support under this cover who have paid the premium/the premium has been debited from their account before occurrence of the insured peril.
- Maximum pay-out under this provision would be in proportion to cost of inputs, incurred up to the occurrence of insured peril, subject to the sum insured. If the payout under area approach (based on CCEs data) is more than localized losses, the higher claims of two will be payable to insured farmers.
- If the affected area under a notified crop is more than 25% of the total insured area in a notified insurance unit, all the eligible farmers (who has taken insurance for the notified crop, which has been damaged, and informed about occurrence of calamity in the farm within the stipulated time) in the notified insurance unit would be deemed to have suffered localized loss and would be eligible for financial support. Percentage of loss would be arrived at by requisite percentage of sample survey (as decided the Joint Committee) of affected area by the insurance company
Pradhan Mantri Fasal Bima Yojana Claim Liabilities
- Insurance company shall take all necessary steps to take appropriate reinsurance cover for their portfolio in order to safeguard insured’s interest. In case premium to claims ratio exceeds 1:3.5 or percentage of claims to Sum Insured exceeds 35%, whichever is higher, at the National Level in a crop season, then Government will provide protection to IAs.
- The losses exceeding the above mentioned level in the crop season would be met by equal contribution of the Central Government and the concerned State/ UT Governments. The liability of payment of all claims shall however be of the concerned IAs only.
- In case of unfulfilment of above mentioned condition, States/ UTs where the losses exceed the above ceiling level insurers shall be responsible to settle the admissible claims.
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