OREANDA-NEWS. July 26, 2010. Ingosstrakh branch in Elista paid 2.5 mln rubles for the loss of winter false flax of the peasant farm enterprise Sarpinskoye in Sarpinsk District of the Republic of Kalmykia. The insured amount of 30 mln rubles covered a 2,500-hectare area of winter wheat and a 960-hectare area of winter false flax.

The insurance event was draught which resulted in partial loss of crops. In the shortest possible time Ingosstrakh settled the damage and paid the full insurance indemnity to the peasant farm enterprise Sarpinskoye.

The insured property is pledged to the Kalmykia regional branch of Rosselkhozbank.

Ingosstrakh branch in Elista has been cooperating with the peasant farm enterprise Sarpinskoye since 2007. During this time, winter and spring crops, pig stock, agricultural equipment were insured.