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Agroseguros

Agribusiness

Agroseguros, has the power to serve the State as a technical advisory body in the terms of art. 6 letter a) D.F.L. 211 of 1960, through the development, promotion, diffusion and administration of tools for the management of the risks of agricultural activity (which includes forestry and livestock) that agricultural products face, within the global insurance policy promoted by the Ministry of Agriculture and Development; To administer the subsidy programs for the cofinancing of insurance premiums and other hedging instruments, against losses or damages caused to agricultural, livestock or forestry products, as well as the facilities and / or production systems associated with said products, derivatives Phenomena Climatic events, nature events, livestock accidents and diseases, as well as against fluctuations in prices of agricultural products, the exchange rate associated with them, and other eventualities of case for results to cause loss or deterioration of livestock. Insured objects, contracted by agricultural, livestock and / or forestry producers, hereinafter indistinctly "agricultural producers", with insurance companies and intermediary institutions of price and / or exchange rate contracts.

Mandates

Agroseguros, has the power to serve the State as a technical advisory body in the terms of art. 6 letter a) D.F.L. 211 of 1960, through the development, promotion, diffusion and administration of tools for the management of the risks of agricultural activity (which includes forestry and livestock) that agricultural products face, within the global insurance policy promoted by the Ministry of Agriculture and Development; To administer the subsidy programs for the cofinancing of insurance premiums and other hedging instruments, against losses or damages caused to agricultural, livestock or forestry products, as well as the facilities and / or production systems associated with said products, derivatives Phenomena Climatic events, nature events, livestock accidents and diseases, as well as against fluctuations in prices of agricultural products, the exchange rate associated with them, and other eventualities of case for results to cause loss or deterioration of livestock. Insured objects, contracted by agricultural, livestock and / or forestry producers, hereinafter indistinctly "agricultural producers", with insurance companies and intermediary institutions of price and / or exchange rate contracts.

Collaboration with FAO

 

  • To administer a subsidy from the State for the co-payment of insurance primes in the forestry, agricultural and livestock sector, a subsidy that is granted to each producer that contracts an agricultural insurance, thus allowing them to invest more and achieve greater economic stability and permanence durog the time, in the event of an incident.
  • Develop, promote and transmit insurances and other risk coverage contracts for farmers, the Subsidy Program for the co-financing of primes, and train on the use of the same, whether these activities are executed directly by Agroseguros, in coordination with other entities, or through the remunerated contracting of third parties.
  • Establish the rules for granting the subsidy, such as: maximum rates for each type of crop, fruit production, forest plantations, livestock species; The beneficiary areas of the subsidy, and the risks covered for each case. And by way of reference the prices and yields for each zone and production to be assured.

 

Areas of Expertise

Agroseguros has competence in risk transfer instruments, through the development, promotion and dissemination of insurance and price coverage for the forestry, agricultural and livestock sector, and in turn, to administer a subsidy from the State to stimulate demand. (Resolution {A} No. 79 of CORFO, published in 2016, https://www.leychile.cl/Navegar?idNorma=1091942).

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