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Escorts offers insurance to farmers

Escorts offers insurance to farmers

Apnainsurance.com Research Bureau

03 Jun 2008

Escorts Ltd, the tractor manufacturer, has tied up with New India Assurance Company to provide insurance cover to farmers in the Rs. 3 lakh-Rs. 7 lakh range.

Called Humrakshak, this scheme will provide personal accident cover for farmers who have bought the company's tractors - Powertrac (PT), Farmtrac (FT) and Escort - from May 1, 2008.

Escorts tractors ranging from 27-34 HP, 35-39 HP and 40-60 HP will carry a cover of Rs 3 lakh, Rs 5 lakh and Rs 7 lakh respectively for one year from the date of delivery.