Crop Insurance Schemes
Pilot Scheme on Seed Crop Insurance (PSSCI) :
Salient Features
5. SUM INSURED
Sum Insured is equivalent to preceding three/five year's Average Seed Yield certified in respect of the identified unit area multiplied by 'Procurement Price' of the seed crop variety prevailing in the previous season by National Seed Corporation (NSC). The Sum Insured may be increased upto 150% of the average processed, tagged certified Seed Yield. A producing agency opting for higher Sum Insured would be required to pay a correspondingly higher premium.
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