OREANDA-NEWS. June 24, 2011. The Branch of Ingosstrakh in Tula has concluded the contract of insurance of the future crop with the peasant farm enterprise "Zarechye" located in the Shchekinsky district, Tula region. The total sum insured under the contract makes 36.5 mln roubles.Object of insurance — the potato plantings on the area of 350 hectares. The future crop is insured against total or partial loss resulting from nature conditions that are dangerous for agriculture. The insured crop is a subject of pledge of the Tula regional branch of Russian Agricultural Bank within the limits of the received credit.

Ingosstrakh OJSIC and the peasant farm enterprise "Zarechye" cooperate in the sphere of agro-industrial insurance since 2006. During this time  the future crop of agricultural crops, agricultural machinery and equipment were insured. Let's remind that in March of the current year Ingosstrakh has paid 5 million roubles to the peasant farm enterprise "Zarechye" in connection with a shortage of potato crop owing to drought during the past summer.