OREANDA-NEWS. December 2, 2011. Ingosstrakh Insurance Company has paid 1.7 million rubles to individual entrepreneur Minin N. V., the head of the farm household, located in Teplo-Ogarevsk district of Tula oblast, in connection with incomplete harvest.

Winter wheat crop on the total area of 510 ha was insured against loss or partial loss for a total amount of 5.4 million rubles. In order to ascertain the damage, an investigation was carried out, following the results of which the event was considered as insured, and Ingosstrakh Insurance Company has paid indemnification in accordance with the terms of agreement.

The insured crop was the subject of pledge of Tula regional branch of Rosselkhoz-bank OJSC as the part of the loan.

Ingosstrakh Insurance Company and individual entrepreneur Minin N.V. have been cooperating in the sphere of agroindustrial insurance since 2010.