Coconut Palm Insurance Scheme (CPIS) Application

Coconut Palm Insurance Scheme (CPIS) Application Assistance

Get complete application assistance for insuring coconut palms against total loss/death due to natural perils. We handle eligibility verification, premium calculation, application submission, policy issuance, and claim process.

💰 Scheme Benefits

Premium Subsidy: CDB pays 85%, Farmer pays only 15%

Sum Insured & Premium:

• Age Group 4-15 Years: ₹1,900 per palm
• Age Group 16-60 Years: ₹3,700 per palm

Rebate:

• 2-year policy: 7% rebate
• 3-year policy: 12% rebate

Objective: To insure coconut palms against total loss/death due to natural perils.

Implementing Agency: CDB in collaboration with Agriculture Insurance Company of India (AIC)

Risks Covered:

• Storm, Cyclone, Flood, Inundation
• Pest/Disease causing irreparable total loss
• Fire, Earthquake, Tsunami, Landslide
• Severe Drought (Leading to death or 25% production loss - subject to State declaration)

✅ Eligibility Criteria

Who Can Apply:

• Individual farmers with at least 10 healthy nut-bearing palms

Palm Requirements:

• Palms must be in contiguous area (Partial insurance of a plot is NOT allowed)

Age Limits:

• Dwarf/Hybrid: 4 to 60 years old
• Tall Varieties: 7 to 60 years old

Exclusions:

• Theft, War, Nuclear risks
• Senile/Unhealthy palms

⚠️ Important Conditions

Franchise Clause (Minimum Loss Threshold):

• 10-30 palms insured: Minimum loss 1 palm
• 31-100 palms insured: Minimum loss 2 palms
• 100+ palms insured: Minimum loss 3 palms
• Claims are valid ONLY if loss exceeds these limits

Contiguous Area:

• Palms must be in contiguous area
• Partial insurance of a plot is NOT allowed
• All palms in the area must be insured

Claim Process:

• Intimate loss within 10 days
• Do not move damaged palms until inspection
• Claim settlement within 1 month of document receipt

Our Service

We help you with the complete application process for Coconut Palm Insurance:

1. Eligibility Verification - Verify minimum 10 healthy palms, check age eligibility (4-60 years), confirm contiguous area
2. Premium Calculation - Calculate premium based on palm age (₹1,900 or ₹3,700/palm), farmer’s 15% share
3. Application Submission - Submit insurance application form with palm details, age verification
4. Policy Issuance - Assist with policy issuance, premium payment (farmer’s 15% share), policy document collection
5. Claim Process - Guide through claim process: intimate loss (10 days), do not move damaged palms, claim settlement (1 month)

📄 Documents Required

1. Land ownership documents (Satbara 7/12)
2. Aadhaar Card & Bank Passbook copy
3. Palm age verification certificate (from Agriculture Officer)
4. Photographs of palms (showing age and health condition)
5. Contiguous area map/sketch

📊 Detailed Scheme Information

Premium Calculation

Sum Insured:

• Age Group 4-15 Years: ₹1,900 per palm
• Age Group 16-60 Years: ₹3,700 per palm

Premium Subsidy:

• CDB Share: 85%
• Farmer Share: 15%

Rebate:

• 2-year policy: 7% rebate
• 3-year policy: 12% rebate

Franchise Clause

Minimum Loss Threshold:

• 10-30 palms insured: Minimum loss 1 palm
• 31-100 palms insured: Minimum loss 2 palms
• 100+ palms insured: Minimum loss 3 palms

Important: Claims are valid ONLY if loss exceeds these limits. For example, if 50 palms are insured, claim is valid only if at least 2 palms are lost.

Risks Covered

• Storm, Cyclone, Flood, Inundation
• Pest/Disease causing irreparable total loss
• Fire, Earthquake, Tsunami, Landslide
• Severe Drought (Leading to death or 25% production loss - subject to State declaration)

Prefer a form? Use our secure request form and we’ll reply on WhatsApp right away.