Insurances for Small Guatemalan Farmers

The Guatemalan Association of Insurance Institutions (AGIS) promotes the creation of an insurance product for small farmers, subsidized by the state.

Tuesday, February 17, 2009

Mario Mendizábal, director of AGIS, explained to, "The idea is to support small farmers, who do not have access to other types of agricultural insurance but suffer serious losses due to the effects of climate or natural disasters.

More on this topic

Increase in Sales of Agricultural Insurance

September 2012

In Panama the sale of agricultural insurance policies up to August has seen a 47% increase compared to the same period last year.

Inclement weather has encouraged the agricultural sector to take up these types of policies. A total of 1,442 producers have insured 25,175 hectares of crops and about 405 have insured about 8472 head of cattle.

Agricultural Insurance in the Americas

May 2013

Agricultural insurance coverage in the Americas maintained positive growth in those countries that have launched a public-private model and where agriculture represents a fundamental part of the economy.

From the study "Agricultural insurance in the Americas: a tool for risk management", prepared by the Inter-American Institute for Cooperation on Agriculture (IICA) and the Latin American Association for the Development of Agricultural Insurance (ALASA):

Lafise Extends Coverage of Agricultural Insurance in Nicaragua

April 2010

In 2010, the company will offer extended coverage in its agricultural insurance service to include three other crops: corn, bean and sorghum.

Claudo Taboada, head of Lafise Insurance, explained that the new crops will be included in the second half of the year. Currently, the service covers only peanut and rice.

Honduras - producers urged to obtain agricultural insurance

November 2008

According to Agriculture and Cattle Ranching Secretary, agricultural insurance is the only hope for producers against losses from weather phenomena.

The Minister of Agriculture and Cattle Ranching (MACR), Hector Hernandez, said that the National Committee for Agricultural Insurance will start operating soon. It was created with the participation of the private sector, international organisms and the government.

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