The Ministry of Livestock, Agriculture and Fisheries signed a joint agreement with the State Insurance Bank for the creation of comprehensive insurance (covering dog attacks) for sheep, in addition to the payment of a subsidy for family producers with funds from the General Directorate of Rural Development.
The insurance may be requested by all sheep producers, however, from different scales that do not exceed 400 animals, the aforementioned subsidy can be accessed with support from the DGDR/MGAP.
This project had the advice of the Rural Development Directorate, OPYPA, the Uruguayan Wool Secretariat and the Agricultural Plan Institute. During the conference, the minister of the MGAP, Fernando Mattos, the president of the Banco de Seguros, José Amorín Batlle, the general director of the MGAP, Fernanda Maldonado, and the vice president of the bank, Silvana Olivera, spoke. Access the conference at the bottom of the news.
comprehensive insurance
This comprehensive insurance includes several risk coverages in addition to the attack of predators and dogs. Its coverages are: post-shearing, for climatic events that generate hypothermia after shearing, other climatic events, fire and epidemic diseases. The producer may choose the combination of coverage that he deems convenient according to the risks he faces.
The MGAP decided to facilitate the access of family producers to this insurance through a premium subsidy that will be financed with funds from the General Directorate of Rural Development. The subsidy percentages range from 15% to 50% of the value of the premium and are applied by flock size bands up to a maximum of 400 animals per producer according to the following table:
This measure mirrors the bonuses that the BSE will provide to all sheep producers with more than 400 animals, but inversely: the subsidy percentage will be greater the smaller the number of sheep that the family producer has.
The subsidy distribution is implemented in the signed agreement. The producer will be responsible for the fee, part of the cost of the insurance that corresponds to pay and the MGAP will pay the BSE the amount corresponding to the subsidy.
To ensure the low cost of insurance for family sheep production, there will be the support of the agricultural institutions linked to this item, IPA, SUL and territorial technicians of the MGAP (DGDR and Decentralization) for the evaluation of damages in the event of claims of accidents. .
Therefore, the benefits that the MGAP will offer to family producers of up to 400 animals and the bonuses that the BSE will offer to all producers with more than 400 sheep, make this insurance very attractive for this productive activity.
