Scope of Cover and Covered Risks
Considering the current information registered in the Fisheries Registration System (FRS) and the risk assessment to be carried out; aquaculture products grown in land and sea based premises, cage and nets are covered within the scope of General Conditions and Tariffs & Instructions.
With regard to the aquaculture products covered by this insurance, losses due to deaths and material damages arising from below risks are covered.
a) Any kind of disease except the diseases set out in paragraphs (a and b) of clause A.3,
b) Pollutions and poisonings beyond control of the fish farmer,
c) Storm, whirlwind, earthquake, flood,
e) Algae bloom
f) Fish transfer between the cages/ponds.
Optional Additional Risks and Elements
The risks and elements, listed herein below, shall be added in the coverage provided by the policy on condition that an additional premium is received as based on the result of the risk assessment and evaluation to be carried out, at the request of the insured.
Any direct damage which may occur at the insured aquaculture products, cages and nets (if and when the cages and the nets are included in the policy) at the address indicated on the policy due to any theft or attempted theft that has occurred in the following manner at the location indicated on the policy;
- Breaking, drilling, demolishing, overturning and intrusion,
- Climbing, diving, crossing over by means of any equipment or by physical agility,
- Entrance by lost, stolen keys or such keys that are obtained in unauthorized manner, or by a fabricated key or through unlocking by means of other equipment or passwords,
- Sneaking into and hiding or being concealed inside the insured locations, or
- Killing, injuring, use of force and violence or threateningly.
b) Cage and Nets
Losses arising from below risks are covered.
a. Storm, whirlwind, earthquake, flood,
In order to insure his / her aquaculture; the farmer shall apply to the insurance company or agency that is a member of the Agricultural Insurance Pool (TARSİM). Following the registration of the preliminary information form, which is edited by the policy holder / insured, to the system; Agricultural Insurance Pool (TARSİM) initiates the risk assessment organization. According to the result of the risk assessment, the insurance company or agency establish the policy in the system in accordance with the General Conditions and Tariffs & Instructions of State Supported Aquaculture Insurance. For the issued policy, Clarification Text, Policy Information Form and Policy printouts within the scope of the Personal Data Protection Law (KVKK) are sent by TARSİM to our insureds as SMS or e-mail, depending on their preference. In case the insured prefers to take the printed policy; the agency takes the Clarification Text, Policy Information Form and Policy printouts within the scope of the Personal Data Protection Law (KVKK) from the system in two copies and gives one copy to the insured in return for his/her signature. Then the agency issues the policy as two copies and hand out the one to the policy holder / insured.
In Aquaculture Insurance, 50% of the premium written in the policy is subsidized by Government. 25% of the deposit-provisional-premium calculated from the monthly average stock value declared in the aquaculture plan for the insured's share is taken in advance and the rest is collected in maximum 5 equal installments. At the end of the policy period; final premium amount is adjusted from the realized monthly stock value.
Claim Notification / Loss Adjustment / Payment Process
In case a risk, which is covered by this insurance, occurred; policy holder / insured shall make the claim notification to one of the phone number of TARSİM which is indicated in the policy, 24 hours as of the date of the risk occurrence. Also, policy holder / insured could make the claim notification through TARSIM Mobile application, regardless of time and place.
In Aquaculture Insurance, loss adjuster, who is appointed by Agricultural Insurance Pool, shall see the aquaculture stocks within the shortest time, makes the necessary examinations and prepares the Aquaculture Insurance Loss Report. Following the completion of the loss file, finalized indemnity amounts are paid to the insured by the Agricultural Insurance Pool (TARSİM) via the bank channel within 30 days at the latest.