What is the RISC Claim procedure?
The insured grower becomes eligible for payout when there is a certain adverse deviation in actual rainfall (as per the phase, coffee variety & zone). In such case, all insured growers (as per phase, coffee variety & zone) shall be deemed to have suffered the same shortfall in coffee yield and become eligible for claims / payout. The payout is automated in so far as the insured grower is concerned and the grower is not required to submit a claim form.
