AIC's coverage under the government scheme protected my groundnut crop after a dry spell. The eventual settlement was fair, but the loss assessment and crop cutting experiments took longer than I expected, which delayed the money during a tight season. Still, it is a worthwhile cover for farmers.
Fair settlement for crop loss
Slow assessment timeline
After my cotton crop failed due to pest attack, I filed for compensation under the AIC scheme and the claim was rejected citing yield data I never got to verify. Nobody from the office could clearly explain how the village-level yield was calculated. I paid the premium every season and feel let down when I needed support the most.
Opaque yield data, claim rejected
When unseasonal rain flattened my wheat crop, the AIC scheme under PMFBY actually came through and the payout reached my bank account. As a small farmer I was sceptical at first, but the assessment was done and the compensation genuinely helped me recover for the next sowing. Grateful for this company.
Real payout, supports small farmers
Enrolled in the crop insurance scheme through Agriculture Insurance Company of India via my bank and the premium subsidy made it affordable. The claim for my paddy loss was processed reasonably. My only complaint is that getting clear information about coverage in our village is difficult without the bank's help.
Affordable subsidised premium
Poor awareness at village level
Agriculture Insurance Company of India is one of the few schemes that genuinely protects farmers against weather risk. After a hailstorm damaged my horticulture crop, the payout based on the weather index came through and covered a big part of my loss. The bank-linked enrolment was simple and effective.
Weather index payout, easy bank enrolment