Water is by far the most important resource a farmer needs. If irrigation through any other mode is not possible, the farmer depends on the pumpset for this. Thus, it becomes essential to insure the pumpset against theft and damage. Agricultural Pumpset Insurance covers both centrifugal and submersible pumpsets are covered.
(1) It includes pump, starter and the driving unit.
(2) The pumpsets may be electric or diesel powered.
(3) Premium is based on Horsepower.