OREANDA-NEWS. June 10, 2010. ROSNO’s Kurgan branch has concluded a contract for provision of insurance coverage for agricultural crops with an agricultural producer from Ketovsky district of the Kurgan Region. The contractual insurance amount is 7,211,840 roubles, reported the press-centre of ROSNO.

The insurance protection covers 1,200 ha of spring wheat. The crops have been insured against the risks arising from natural phenomena threatening agricultural products: drought, freeze, hail damage, winterkill, soil overwetting, and flood.

The insured accident is constituted by shortage or complete loss of crops. The contract is valid till 01 October 2010, providing coverage for the duration of mass plantlets of agricultural crops, until the harvest is completed.