Coconut Palm Insurance Scheme

• Premium for palms aged 4-15 years: Rs. 9 per plant (Farmer's share: Rs. 2.25)
• Premium for palms aged 16-60 years: Rs. 14 per plant (Farmer's share: Rs. 3.50)
• Sum insured for palms aged 4-15 years: Rs. 900
• Sum insured for palms aged 16-60 years: Rs. 1750

The Coconut Development Board pays 50% of the premium, while the state government covers 25%. Farmers pay the remaining 25%. Claims are processed after verifying loss within one month of reporting.

• I am a farmer.
• I have at least 5 healthy nut-bearing coconut palms.
• The palms are aged between 4 to 60 years for hybrids and dwarfs, and 7 to 60 years for tall varieties.
• I am applying offline.

• Unhealthy or senile palms are not eligible.
• Partial insurance of the plantation is not allowed.
• Claims for palms lost within 30 days of policy start are not payable.

• Identity proof of the farmer
• Proposal form with premium amount
• Proof of land record or certificate from revenue authorities
• Declaration of healthy palms
• A rough sketch of the plantation with palm numbers
• Bank account details

1. Contact representatives or authorized agents of the Insurance Company.
2. Visit the nearest office of the Agriculture/Horticulture Department.
3. Submit the required documents and pay the premium.

To check the status of your application or claim, contact the insurance company directly or visit the local office of the Agriculture/Horticulture Department.

Example 1: Ramesh, a farmer with 10 healthy coconut palms aged 5 years, is eligible because he meets the minimum requirement.

Example 2: Sita, who has only 3 palms, is not eligible as she does not have the minimum 5 palms required for the scheme.

• Not providing enough healthy palms for insurance.
• Incorrect age declaration of palms.
• Missing required documents during application.
• Failing to report losses within the specified time.
• Not applying before the deadline.