Insurance firms directed to include nominees in crop insurance scheme
The Hindu
Karnataka Minister tells insurance firms not to set up their offices within premises of Agriculture Department
The Karnataka government has directed insurance companies to mandatorily include names of family members of farmers as nominees while providing insurance coverage for crops under the Pradhan Mantri Fasal Bima Yojana (PMFBY). Minister for Agriculture B.C. Patil has instructed officials of insurance companies to include family members of farmers as nominees to ensure payment of insurance amount to nominees in case of death of the insured member/farmer.
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