Each crop/risk brought by the client for insurance requires proper analysis for insurability and price match for the client profile and defined risk zone for crop location. Underwriter decides on the final premium rate/sum, based on guidelines and applicable underwriting limit for approval of risk portfolio for insurance. Variety of factors may influence the increase or decrease of the final premium rate for the farmer’s policy: location in specific risk zone, agricultural technology adherence, available facilities and infrastructure (e.g.: irrigation), etc.
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