date:Jul 11, 2012
This is a unique insurance scheme, where the beneficiary is not required to file a claim for loss to receive a payout, instead ICICI Lombard proactively intimates and settles the claim amount to the beneficiary based on certified data collected from independent third-party bodies.
Theinsurance, an index-basedproduct, has been successfully adopted in 11 states covering as many as 26 varieties of crops. In 2009, the company received the Golden Peacock Eco-InnovationAwardfor the technological inno