This covers the crop against the above-named perils as they affect the expected yields. The expected yields is an average of previous seasons. The cover guarantees a portion of this expected yield that becomes the insured yield. This portion is determined from the potential of the farmers analyzed from their historical production. The most common portion is 65%. This can however be adjusted upwards or down wards depending on the farmers’ potential and willingness to create affordability.

Benefits

  • Insured farms have greater access to agriculture credit since a crop policy document is accepted by financing institutions as alternative form of security.
  • Insurance cushions farmers against losses by acting as a fall back in the event of a bad crop season.
  • Crop insurance is a finance innovation that stimulates investments in agriculture sector through increased access to funding and motivation to all stake holders.

How to claim

  • Notification of the accident
    • Reporting the claim to the nearest branch of NMB
    • Call contact center 0800 002 002 Toll Free!
    • Email to This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Submission of all necessary documents to any NMB Branch near