——After being affected by heavy rain, farmers who have been insured with agricultural insurance (such as aquaculture insurance) need to call the insurance company to report the case in time, and after acceptance, the insurance company will appoint inspectors to conduct on-site investigation and damage assessment.
The Notice of the China Banking and Insurance Regulatory Commission on Printing and Distributing the Administrative Measures for Agricultural Insurance Contracting and Settlement of Claims clearly stipulates that after receiving a report, the insurance institution shall conduct an investigation within 24 hours, and if it is difficult to investigate in a timely manner due to objective reasons, it shall contact the reporter and explain the reasons. Aquaculture insurance shall be completed within 3 days after receiving the report. In principle, the insurance institution shall, within 10 days after reaching a compensation agreement with the farmers, pay the agricultural insurance compensation to them by transfer.
Article source: original · Jilin News Comprehensive Broadcasting
Editors: Guo Lan, Zixin
Review: Hao Zili
Producer: Zhao Min, Zhong Xiao
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