New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Which insurance company among the options has introduced a unique satellite index-based Farm Yield Insurance Policy?

    A ICICI Lombard Correct Answer Incorrect Answer
    B HDFC ERGO Correct Answer Incorrect Answer
    C TATA AIG Correct Answer Incorrect Answer
    D United India Insurance Correct Answer Incorrect Answer
    E Life Insurance Corporation of India Correct Answer Incorrect Answer

    Solution

    HDFC ERGO has launched a first-of-its-kind satellite index-based Farm Yield Insurance Policy for farmers. The satellite-based index will be used to provide localized farm level coverage and it will provide comprehensive cover across the crop life cycle from sowing to harvesting, basis satellite-based data.

    Practice Next