OREANDA-NEWS. April 25, 2011. Ingosstrakh OJSIC has paid 1.5 mln rubles to Luch LLC, located in Verkhnekhavsky district of Voronezh region, in connection with the loss of winter wheat harvest.

The harvest of winter wheat on the total area of 890 ha was insured from complete or partial destruction for the sum of 5.9 mln rubles.

The insurance event was the drought of last summer, which affected all the agricultural enterprises of Voronezh region to a different extent. To establish the amount of damage done by the drought to Luch LLC, it was necessary to hold an expert examination, as a result of which the event was acknowledged as an insurance event, and Ingosstrakh paid a full insurance indemnity to the enterprise.

The insured harvest is the subject of pledge in Voronezh regional subsidiary of Rosselkhozbank OJSC within the framework of the loan granted.

Ingosstrakh OJSIC has been cooperating with Luch LLC in the sphere of agricultural insurance since 2009. During this time, insurance was extended to real estate objects, machines and harvest.