Crop Insurance

As a crop farmer, it is important that your livelihood is protected correctly, which is our main priority at Standard Bank Insurance Brokers. Crop insurance allows farmers to choose from an extensive range of crop cover. The farmer will have the option to choose from a basic cover option to a comprehensive cover option.

A Crop insurance solution may suit you if:

  • You farm with a main crop for example, maize, soya’s, sunflower, wheat etc.
  • You require insurance for a Finance Agreement for example Agricultural Production Loan (ALP) through Standard Bank

Highlights

With the ever changing climatic environment crop insurance has become a vital requirement of any farmers business.

Features and Benefits:

  • Hail and extended hail cover includes
    • Visible and quantifiable damage to plants resulting from the mechanical action of hail
    • Fire, lightning and Goods in Transit
    • Frost
    • Chemical Spray
    • Flood
  • Multi-peril cover
    • You can only get multi-peril cover if you are a pre-approved client, and you have applied for the cover before the planting season.
    • Drought
    • Frost
    • Floods
    • Wild animals
    • Uncontrollable plant sicknesses and insect damage
    • Windstorms
    • Excess heat
    • Snow and/or cold

FAQ’S

What type of Agri crop Insurance solutions can Standard Bank offer for my farming requirements?

Your account executive can assist you with identifying key considerations and provide insurance cover insights on:

  • Irrigated and/or dry land
  • Structured excess agreements
  • GPS maps of your farm

 

How to apply

  • Need Crop Insurance? Contact your account executive.
  • Complete the form below and a consultant will call you back.

Terms and Conditions Apply

Standard Bank Insurance Brokers (Pty) Ltd (“SBIB”) is an authorised financial services provider FSP 224.

Login or Register

Select your online banking platform

Standard Bank App