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.
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.
Within the scope of Aquaculture Insurance, damage claims are made to TARSIM within 24-hours at the latest.