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Live Stock Insurance Scheme for Borrowers

In order to facilitate small farmers, having up to 10 animals, the Govt of Pakistan approved Livestock Loan Insurance Scheme for borrowers. NRSP MFBL offers livestock insurance to improve access to finance to Livestock & Dairy sector and to mitigate risk of losses to farmers in case of death or disease of animals due to natural calamities and accidents.

Under This Scheme:

Provided to:  All borrowers availing loans for the purpose of livestock

Insurance Cover: Up to Loan Amount

Period Covered: Yearly Renewal

Animals Covered: Cows, Buffaloes and Bulls (Age from 9 months to 7 Years old)

Coverage for following instances:

  • Death due to disease/ natural
  • Death due to flood, heavy rains, wind storm and drought
  • Accidental Death
  • Emergency Slaughter

Note: Animal death due to malicious act is not covered.