Brackish Water Prawn (Shrimp) Insurance

The insurance scheme is usually offered to corporate clients and other farmers with scientific and professional management backed by up the modern machinery with integrated farming. Corporate clients may or may not have Hatchery/Nursery unit. Then (i) Blood Stock Insurance – Hatchery Unit – insurance of blood stock comprising of male and female Gravid prawns for a period of 2 months subject to limiting the indemnity to 80% of the assessed loss. (ii) Nursery Unit: Insurance to cover from Egg stage to PL 20 (30 days) or PL 40 (50 days) as the case may be. Respective survival rate for each stage has to be worked out and incorporated in the schedule. Every hatchery may be issued declaration policy for each batch. (iii) Grow Out Prawn Ponds (iv) Fresh Water Ponds (Semi-intensive) (v) Tank Bunds/Embankment. Shell disease loss due to algal bloom is covered.

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