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Para 13
Other Features
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13.ii Besides the mandatory
crop insurance, the KCC holder should have the option to take benefit of
Assets Insurance, Personal Accident Insurance Scheme (PAIS), and Health
Insurance (wherever product is available) and have premium paid through
his KCC account. Necessary premium will have to be paid on the basis of
agreed ratio between bank and farmer to the insurance companies from KCC
accounts. Farmer beneficiaries should be made aware of the insurance cover
available and their consent (except in case of crop insurance, it being
mandatory) is to be obtained, at the application stage itself
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13.ii Besides the mandatory
crop insurance, the KCC holder should have the option to take benefit of
any type of Assets Insurance, Accident Insurance (including PAIS), and
Health Insurance (wherever product is available) and have premium paid
through his KCC account. Premium has to be borne by farmers/bank
according to the terms of the Scheme. Farmer beneficiaries should be made
aware of the insurance cover available and their consent (except in case
of crop insurance, it being mandatory) is to be obtained, at the
application stage itself.
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