Kenya - Crop re-planting insurance launched

04.04.2016 496 views
Farmers from areas prone to unpredictable weather can now benefit from a new type of insurance that guarantees compensation to replenish seeds in case they fail to germinate. Dubbed the Re-planting Guarantee, the cover will be rolled out in Central, Nyanza, Eastern, Upper Coast, lower Western regions. It is a partnership between UAP Insurance, Acre Africa, SeedCo and Safaricom where farmers register via short text messages. So far over 40,000 farmers in the last two years have been covered, according to UAP-Old Mutual Group Managing Director James Wambugu. “With the Kenya Meteorological Department predicting lower rainfall this year, we expect to register at least 900,000 farmers, indicating the seriousness with which farmers are taking the year’s planting season,” Mr Wambugu said. Source - standardmedia.co.ke
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