Samunnati plans to extend the insurance benefits to over two lakh farmers
Chnnai-based specialised agri value chain enabling start-up Samunnati recently launched an insurance initiative Annadata Suraksha Abhiyaan (ASA) to cover farmers from daily farming risks. On the occasion of Daan Ustav, Samunnati launched the ASA campaign to cover over 50,000 smallholder farmers who are part of its FPOnEXT programme, an exclusive network working with farmer producer organisation.
Samunnati plans to extend the insurance benefits to over two lakh farmers by amplifying the crowdsourcing campaign in partnership with other ecosystem players. Through ASA, Samunnati’s vision is to insure Indian farmers from the vulnerabilities and risks associated with farming, as well as to drive more awareness and adoption of insurance among India’s agrarian communities.
The insurance benefits will initially provide coverage up to Rs 50,000 to each farmer free of cost via FPOnEXT platform. It will cover over a dozen risks such as accidental deaths, permanent or partial disablement, accident and hospitalisation, fractures, burns, vector-borne diseases and emergency ambulance charges. Child education and marriage expenses have also been included in the insurance.
Anilkumar SG, Founder and CEO, Samunnati, said, “We look forward to partnering with other stakeholders in giving back to this community and making their lives risk-proof in the coming years.”
