OREANDA-NEWS. December 25, 2009. A branch of Ingosstrakh OJSIC in Nizhniy Novgorod insured the future harvest of winter wheat of Elizaryevskoye OJSC located in Diveyevsky district of the Nizhniy Novgorod Region. The total area of crops is 994 ha.

Under the terms and conditions of the agreement, the future harvest of agricultural crops is insured against loss and partial damage from natural hazards to the agricultural production: frost-killing, chill, asphyxiation, continued heavy rains, heavy rains, shower rains, high wind, hail, air drought, soil drought and fire.

Insurance coverage is provided not only for field-planting during organogenesis, but also for the obtained agriculture products in storage facilities, which enables the farm unit to use this item as a collateral under loans granted by commercial banks.