Scope of Insurance Cover and the Insured Risks:
The insurance covers the deaths and material losses in the fishery stock of the aquaculture farms that found eligible for insurance, which may occur due to;
- All kinds of disease excluding those specified in the general terms and conditions,
- Pollution and poisonings beyond the control of the farmer,
- Any kind of natural disasters,
- Accidents, Predators, Algal blooms.
Premium Payments:
In Aquaculture Insurance, 50% of the premium indicated in the insurance policy will be paid by the Government. 25% of the premium calculated over the monthly average stock value to be declared in the farming plan and payable by the insuree will be collected in advance; and the remaining amount will be paid with 5 installments at most. At the expiration date of the insurance policy; the required premium adjustment is made by calculating the premium on the basis of monthly stock value actualized throughout the year.
Damage Claims:
Within the scope of Aquaculture Insurance, damage claims are made to TARSIM within 24-hours at the latest.