SWAL Corporation to offer weather-based risk cover in Punjab, Haryana, and Rajasthan

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28 February 2023, Bengaluru: SWAL Corporation Ltd has partnered with nurture.farm to offer weather protection cover to farmers. The product offering is a part of nurture.farm’s flagship resilience program ‘Kavach’.

Weather Kavach is a risk cover offering for farmers to protect them against weather irregularities. It is a flexible cover option where farmers can opt-in for any sum assured value, and claims are disbursed in the event of excessive rain, heat waves, or rain deficit. The advantages of the Weather Kavach product offering include an index-based trigger, shorter disbursal window, and direct transfer of the claim amount to the farmer’s bank account. Since its launch, nurture.farm has successfully offered Weather Kavach to more than 100,000 farmers and sold more than 1 Million Weather Kavach in less than 12 months.

SWAL Corporation will offer Weather Kavach, at no additional cost, to all its farmers who purchase Wuxal & Delma products. While Wuxal provides nutrients to the crop, Delma protects it from various diseases that can be triggered due to wild fluctuations in temperature during critical growth stages. With the likely possibility of higher temperatures predicted for February & March and the harvest window for Rabi crops around the corner, the partnership couldn’t have come at a better time. To avail of Weather Kavach, the farmers must download the nurture.farm app, scan Wuxal and Delma products on the app, and avail it at no additional cost.

Mr. Pramod Tiwari, Head of Marketing at SWAL Corporation Ltd, said, “For over 10 decades, SWAL has been committed to its farmers by offering them quality agri-solutions that are efficient, improve yield quality & quantity for ensuring better farm profitability. Our teams have been working with the farmers, helping them select the right inputs, imparting technical know-how, educating them about innovative farming practices, and delivering access to technology and advisory throughout the cultivation windows.

Also Read: Union Budget 2023: An Overview of the Focus on Agriculture

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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